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Population aging and inflation: evidence from panel cointegration [PDF]
This study investigates the relationship between demography and inflation using panel cointegration for 24 countries during 1961–2014. It shows that the age structure of the population affects inflation.
Paula C. A. M. de Albuquerque +2 more
doaj +4 more sources
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
doaj +1 more source
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
doaj +1 more source
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
doaj +1 more source
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
doaj +1 more source
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
doaj +1 more source
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
doaj +1 more source
A note on the power of panel conitegration tests - An application to health care expenditure and GDP [PDF]
This paper enlarges on Gutierrez's (2003) results on the power of panel cointegration tests. By a comparison of power of panel cointegration tests, we show how the choice of most powerful test depends on the values ...
MARINI, GIORGIA
core +2 more sources
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
doaj +1 more source
The Nexus Among Tourism, Urbanisation and CO2 Emissions in South Asia: A Panel Analysis
Purpose – Tourism and urbanisation are two significant determinants of economic growth and have been identified as top contributors to CO2 emissions.
Sakib Bin Amin, Mahnaz Aftabi Atique
doaj +1 more source

