Journal of Indonesian Applied Economics, 2016 This paper seeks whether a J-Curve exists on the impact of changes in the Chinese Renminbi (RMB) exchange rates on bilateral exports of Indonesia to the United States (US), particularly in the long run.
Diyah Putriani
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An I(2) Cointegration Model With Piecewise Linear Trends: Likelihood Analysis And Application [PDF]
This paper presents likelihood analysis of the I(2) cointegrated vector autoregression with piecewise linear deterministic terms. Limiting behavior of the maximum likelihood estimators are derived, which is used to further derive the limiting ...
Anders Rahbek +2 more
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Cointegration Analysis of Commodity Prices: Much Ado about the Wrong Thing? [PDF]
This study highlights some problems with using the Johansen cointegration statistics on data containing a negative moving average (NMA) in the error term of the data generating process.
Lence, Sergio H., Mallory, Mindy L.
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MACROECONOMIC DETERMINANTS OF MIGRATION: AN EMPIRICAL ANALYSIS FOR TURKIYE
Baltic Journal of Economic StudiesInternational migration is an increasingly widespread phenomenon of our age with macroeconomic determinants. There are many economic and non-economic forces behind the decision to migrate. This study estimates the impact of macroeconomic determinants on
Osman Cenk Kanca
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Tourism's Impact on Long-Run Mexican Economic Growth [PDF]
Tourism is one of the most important factors in the productivity of Mexican economy with significant multiplier effects on economic activity. This paper investigates possible causal relationships among tourism expenditure, real exchange rate and economic
Edgar J Sanchez Carrera +2 more
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Long-run Validity of Export-Led Growth: An Empirical Reinvestigation from Linear and Nonlinear Cointegration Test [PDF]
This study is able to uncover long-run cointegration relationship for Singapore and South Korea, based on the Breitung (2001) rank test procedures. Breitung (2001) rank test can detect both linear and nonlinear cointegration relationships, added value to
Chong Mun Ho +2 more
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An Analysis of Cointegration: Investigation of the Cost-Price Squeeze in Agriculture [PDF]
The differences in prices paid and prices received by farmers are examined using cointegration analysis. A Johansen cointegration test between prices paid and prices received revealed that the series were cointegrated.
Bryant, Henry L. +3 more
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Testing for cointegration using the Johansen approach: are we using the correct critical values?
Journal of Applied Econometrics, 2009 AbstractThis paper presents Monte Carlo simulations for the Johansen cointegration test which indicate that the critical values applied in a number of econometrics software packages are inappropriate. This is due to confusion in the specification of the deterministic terms included in the vector error correction model (VECM).
openaire +2 more sources
The Causality Analysis of External Debt Service and GNP : The Case of Turkey [PDF]
It is argued that debt service burden has a negative impact on investment and capital accumulation. The main reason is that the greater percentage of reserves (foreign currency) goes to meet debt service and there will be a reduction in external capital ...
Erdal Karagol
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Testing for cointegration using the Johansen approach: Are we using the correct critical values? [PDF]
This paper presents Monte Carlo simulations for the Johansen cointegration test which indicate that the critical values applied in a number of econometrics software packages are inappropriate.
Paul Turner
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