Results 41 to 50 of about 52,481 (289)
What do we really know about fiscal sustainability in the EU? A panel data diagnostic [PDF]
We assess the sustainability of public finances in the EU15 using stationarity and cointegration analysis. Specifically, we use panel unit root tests of the first and second generation allowing in some cases for structural breaks.
António Afonso, Christophe Rault
core +6 more sources
ENERGY ACCESS AND HOUSEHOLD INCOME IN SUBSAHARAN AFRICAN COUNTRIES
Acta Economica, 2019 This study empirically examined the energy access and household income in Sub-Saharan African countries between 1990 and 2015. The study employed five variables: energy access, per capita income, energy price, FDI and trade openness, as well as panel ...
Musibau Ojo Adejumo, Ajide Bello Kazeem
doaj +1 more source
Testing the foreign aid-led growth hypothesis in West Africa [PDF]
, 2013 This paper assesses the foreign aid-led growth hypothesis in a panel of West African countries using panel cointegration techniques ( Pendroni Residual Cointegration Test, Error Correction Model, Johansen Fisher Panel Cointegration Test) and then on a ...
Manty Jones, Yakama
core
Panel cointegration tests of the Fisher effect [PDF]
Journal of Applied Econometrics, 2007 AbstractMost empirical evidence suggests that the Fisher effect, stating that inflation and nominal interest rates should cointegrate with a unit slope on inflation, does not hold, a finding at odds with many theoretical models. This paper argues that these results can be attributed in part to the low power of univariate tests, and that the use of ...
openaire +3 more sources
Bayesian inference in a cointegrating panel data model☆ [PDF]
, 2008 This paper develops methods of Bayesian inference in a cointegrating panel data model. This model involves each cross-sectional unit having a vector error correction representation. It is flexible in the sense that different cross-sectional units can have different cointegration ranks and cointegration spaces.
Koop, G.M. +2 more
openaire +3 more sources
The Impact of Democratization and Globalization on Environmental Sustainability in Brazil
Geological Journal, EarlyView.Fossil fuel, economic globalisation, and economic growth drive environmental degradation while democratisation positively influences environmental quality. ABSTRACT Although Brazil still possesses significant ecological reserves, the surplus in its biocapacity has been rapidly declining in recent years.
Mustafa Naimoğlu +3 more
wiley +1 more source
IDENTIFYING LATENT GROUPED PATTERNS IN COINTEGRATED PANELS
Econometric Theory, 2019 We consider a panel cointegration model with latent group structures that allows for heterogeneous long-run relationships across groups. We extend Su, Shi, and Phillips (2016,Econometrica84(6), 2215–2264) classifier-Lasso (C-Lasso) method to the nonstationary panels and allow for the presence of endogeneity in both the stationary and nonstationary ...
HUANG, Wenxin, JIN, Sainan, SU, Liangjun
openaire +4 more sources
International Journal of Finance &Economics, EarlyView.ABSTRACT We use foreign trade data on both imports and exports of goods and services among a group of 15 advanced economies to determine the incomes and price elasticities of demand for exports and imports of goods, services and goods and services combined in the long run.
Tjeerd M. Boonman +2 more
wiley +1 more source
HeliyonAmidst increased concerns for global security and ecological balance, the intricate interconnectedness between terrorism and environmental sustainability has attracted significant attention in the existing literature.
Cüneyt Kılıç +3 more
doaj +1 more source
Interplay Between Green Investment and Market Price Premia in Global Shipping
International Journal of Finance &Economics, EarlyView.ABSTRACT Existing research emphasises that the driver of green investment is its future profitability. This paper shows that other investors' decisions also influence green investment. We take the example of scrubber installation in shipping, which is optional by regulation but has an established market for trading its underlying asset.
Yao Shi +4 more
wiley +1 more source