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A Comparative Analysis of Semiparametric Tests for Fractional Cointegration in Panel Data Models
Several authors have studied fractional cointegration in time series data, but little or no consideration has been extended to panel data settings. Therefore, in this paper, we compare the finite sample behaviour of existing fractional cointegration ...
Saidat Fehintola Olaniran +1 more
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The effect of globalization, income and tourism on environment: An empirical analysis
This study investigates the impact of globalization, real income, and tourism on the environment in top 10 destinations that attract the most tourists, using panel unit root, panel cointegration, and panel cointegration estimators for the period between
Ceyhun Can Ozcan +3 more
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An investigation of demand and exchange rate shocks in the tourism sector [PDF]
Purpose – This study aims to measure the relationship between demand and exchange rate shocks in the tourism industry. Design/methodology/approach – A panel data set is constructed covering the period between 1995 and 2017, and the data set includes the ...
Kurtulus Bozkurt +2 more
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Wagner’s hypothesis in Europe: a causality analysis with disaggregated data
This paper examines Wagner hypothesis of the growth of public expenditure alongside the growth of economic activity for a panel of 28 European economies during the 1995-2018 period.
Ivan D Trofimov
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One of the most effective ideas for comparing the values of two or more currencies is the purchasing power parity hypothesis (PPP). Most earlier works on PPP focused on using the standard cointegration approach by assuming a unit root for the observed ...
Saidat Fehintola Olaniran +1 more
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Internet Usage, Economic Growth and Electricity Consumption: The Case of EU-15
The purpose of this study is to examine the impacts of internet usage and economic growth on electricity consumption in EU-15 countries. In this study using panel cointegration test developed by Westerlund and Edgerton (2007), the existence of a ...
Mustafa Kırca, Ömer Akkuş
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Foreign Aid and Economic Growth: Panel Cointegration Analysis for Cambodia, Lao PDR, Myanmar, and Vietnam [PDF]
Given the paradoxical results of impact studies of foreign aid on economic growth in aid-growth literature, the effectiveness of aid for growth still remains a subject of intense debate.
Pahlaj Moolio, Somphyvatanak Kong
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China has witnessed a fast economic growth in the recent two decades. However, the heavy energy exploitation seems to show a negative relation to regional economic growth.
Yaobin Liu
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Impact Of Tariff On Income: Cross Country Analysis
The purpose of the study is to assess the significance of import tariff on the economic growth of ten countries divided into two groups; developing and developed economies.
Sidra Imran Amin, Ambreen Fatima
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Financial Development and Output Growth: A Panel Study for Asian Countries
This paper investigates the relationship between financial markets and output growth for a panel of 27 Asian countries over 1960-2009. It utilizes the recently-developed panel cointegration techniques to test and estimate the long-run equilibrium ...
Sangjoon Jun
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