Bound test for cointegration
Iranian Tourism Demand for Malaysia: A Bound Test Approach
... According to standard economic theory, the most important factors influencing the demand for consumer goods are consumers’ income, price of the goods and price of substitute goods. Tourism demand represents the set of ...
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Telecommunication Infrastructure and Economic Growth in Nigeria: New Evidence From ARDL Bound Testing Approach to Cointegration
... growth in Nigeria using the autoregressive distributed lag model (ARDL) estimation technique approach. Telecommunication Infrastructure has been identified as having both direct and indirect impact on the growth of an ...
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Test for cointegration rank in general vector autoregressions
... are bound to be somewhat involved in terms of ...a bound to the conditional moments of the innovations which is used to establish their Marcinkiewic-Zygmund result used for the analysis of the explosive ...
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The likelihood ratio test for the rank of a cointegration submatrix
... to bound the overall type-I error by employing some Bonferroni-type inequality, where the overall bound on size is computed as the sum of individual test ...this test does not give any ...
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FDI Inflow, Export and Economic Growth Relationship in India: An ARDL-Bound Cointegration Approach
... Diagnostic checking To examine the reliability and stability of our estimation we apply Jarque-Bera statistic for normality of residuals, Breusch-Godfrey Serial Correlation LM test, CUSUM test and finally ...
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Islamic home financing and the real sectors in Malaysia: An ARDL bound testing approach to cointegration
... Using cointegration test, they further argue that housing prices do not adjust to disequilibria which means that in the long run mortgage lending does not affect housing ...
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An examination of FDI and growth nexus in Bangladesh: engle granger and bound testing cointegration approach
... or cointegration between foreign direct investment and economic growth for Bangladesh using time series data of ...testing cointegration, the two modern time series econometric approaches- bound ...
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Public and Private Investment in Saudi Economy: Evidence from Weak Exogeneity and Bound Cointegration Tests
... 1 1. Introduction This article analyses the long and short run effects of total public investment on private investment based on empirical data of KSA. Many papers examine the crowding effects using an aggregated measure ...
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Impact of Financial Deepening on Economic Growth in Indian Perspective: ARDL Bound Testing Approach to Cointegration
... lower bound critical values as given by presaran and narayan to find out the ...upper bound and I(0) lower bound, the former, assuming that all the variables are integrated of order 1 and the later ...
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A Johansen Cointegration Test for the Relationship between Remittances and Economic Growth of Japan
... 2. Overview of Remittance and Economic Growth Rate of Japan The foreign workers in Japan are mainly from China, North Korea and South Korea. With the current demographic problem of declining birth rates and a dramatic ...
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Electricity consumption and GDP in an electricity community: Evidence from bound testing cointegration and Granger-causality tests
... a cointegration relationship between electricity consumption and GDP suggest that there must be Granger causality in at least one direction, but it does not indicate the direction of temporal causality between the ...
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Electricity consumption and GDP in an electricity community: Evidence from bound testing cointegration and Granger causality tests
... This study probes nexus between electricity consumption and GDP for the electricity community of Togo and Benin using ARDL bounds testing approach of cointegration. Long-run equilibrium has been established among ...
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The Error Correction Model as a Test for Cointegration
... the test suffering in finite samples when one tries to impose potentially invalid common-factor ...alternative test based on the joint significance of the levels terms in an error correction ...our ...
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Are bootstrapped cointegration test findings unreliable?
... bootstrap test approaches in the larger ...no cointegration, but by simulation we find that they display very low power, such that the (bivariate) partial-system approach is still ...trace test ...
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A Jackknife correction to a test for cointegration rank
... The aim of this paper is to analyse the properties of a simple jackknife-corrected test statistic for cointegration rank. The approach is far less demanding, computationally, than bootstrap methods and does ...
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A Residual Based Cointegration test with a Fourier Approximation
... residual-based cointegration test in the presence of smooth structural changes approximated by a Fourier ...The test offers a simple way to accommodate unknown number and form of structural breaks ...
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A Residual-Based Cointegration test with a Fourier Approximation
... residual-based cointegration test in the presence of smooth structural changes approximated by a Fourier ...The test offers a simple way to accommodate unknown number and form of structural breaks ...
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A residual-based bootstrap test for panel cointegration
... 1. Introduction The rate of expansion of the literature on the analysis of non-stationary panels is impressive, see for example Breitung and Pesaran (2006). This growing interest is due to many important economic ...
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Structural Spurious Regressions and A Hausman-type Cointegration Test
... As a major building block for many models of exchange rate determination, PPP has been one of the most heavily studied subjects in international macroeconomics. Despite extensive research, the empirical evidence on PPP ...
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Do steel prices move together? : a cointegration test
... Import unit values for five major steel products in two major steel-producing countries (i.e., France and Germany F.R.), and domestic steel prices for these similar[r] ...
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