Correction Model (ECM)
The Error Correction Model as a Test for Cointegration
... The use of the error correction model in applied econometrics goes back to Sargan (1964). However, its integration into modern time series econometrics began with the publication of two important papers in ...
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NIGERIA’S DOWNSTREAM OIL SECTOR DEREGULATION AND EFFICIENT PETROLEUM PRICING: AN ERROR CORRECTION MODEL (ECM) APPROACH
... error correction model was adopted to examine how Custom and excise duties (CED), petroleum profit tax (PPT),) and crude oil production (COP) had impacted on petroleum pricing (PR) in ...the model ...
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Estimating the error correction model for Sudanese exchange rate
... suggested model variables more over to inquire uilibrium relationship or not and consequently estimating the such relation via namely, error correction model such technique can be justifiable when ...
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A Correction Model for Word Alignments
... tionally impractical except for very short sentences, and is rarely amenable to dynamic programming. Thus the partition function is replaced by an ap- proximation. For example, the sum over all align- ments may be ...
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A Monetary Approach to Exchange Rate Dynamics in Low Income Countries: Evidence from Kenya
... monetary model assumes that both the purchasing power parity (PPP) and uncovered interest parity (UIP) hold ...the model posits that money market equilibrium exists, which helps to determine the exchange ...
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PRICE DYNAMISM OF PEPPER IN SPOT AND FUTURES MARKET
... Error-Correction Model (ECM) also shows that there is a dynamics relationship between spot and futures prices evidencing that the crude palm oil prices do possess the price discovery ...
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Sensitivity of Trade Balance to Exchange Rate Depreciation: Evidence from Indo-U.S. Bilateral Trade
... However, a study by Petrovic and Grigoric (2010) exhibits the J-curve pattern of trade balance in Serbia for exchange rate depreciation. This study estimated VAR model. Adeniyi et al. (2011) ARDL methodology ...
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The Impact of Monetary Policy on Economic Development: Evidence from Lao PDR
... error correction model (ECM), the finding of regression show that money supply, exchange rate and inflation had a long run significantly relationship on economics growth (Anowor & Okorie, 2016) ...
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"Technological Exports and the Dynamics of Ukraine’s Economic Growth"
... error correction model (ECM) and vector- error correction (VEC), this articles examines the principal relation- ship between the export volumes of metal products (raw materials component), the ...
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Transmission of World Prices to the Domestic Market in Vietnam
... third model, expressed in Equation (11), is a strict first difference form of the level regression without ...fourth model, shown in Equation (12), is the standard error correction model ...
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Price and Income Elasticities of Gasoline Demand in Iran: Using Static, ECM, and Dynamic Models in Short, Intermediate, and Long Run
... There are many surveys which cover the literature generally but reviewing some studies expresses a more de- tailed attitude of developed countries. Baranzini and Weber (2013) have estimated the price and income elastici- ...
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Bank lending to the production sector: credit crunch or extra credit?
... Error Correction Model (ECM) is used – estimated for the pre-crisis period ...the model, we remove the assumption of weak exogeneity of the independent variables of the single equation ...
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THE IMPACT OF HEALTH EXPENDITURE ON THE GROWTH OF THE NIGERIAN ECONOMY: THE ARDL APPROACH
... error correction model (ECM), the author suggest that health expenditure is positive and statistically significant but the coefficients of the second and third lags are negative and statistically ...
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Investigating the Stability of Money Demand in Ghana
... error correction model, ECM was used to determine the factors that influence real money aggregate in Ghana from 1990 to ...error correction term in each of the cases shows that, 18 % of ...
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Gasoline price asymmetries in the Euro Zone
... error correction model (ECM) in order to measure the asymmetries in the transmission of shocks to input prices and exchange rate onto the wholesale and retail gasoline price ...
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A Study on Tropical Land Cover Classification Using ALOS PALSAR 50 m Ortho Rectified Mosaic Data
... A modified Slope Correction Model Based on a sample backscatter terrain correction model, a modified slope correction model for specially calibrating ALOS PALSAR 50 m ortho-rectified mos[r] ...
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The impact of exchange rate on exports in South Africa
... Cumulative sum of recursive residuals (CUSUM) and the cumulative sum of squares of recursive residuals (CUSUMSQ), proposed by Brown, Durbin and Evans (1975). The CUSUM test uses the cumulative sum of recursive residuals ...
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Analysis Of Spatial Integration Of Citrus Markets In Benue And Kano States, Nigeria
... Ravallion Model have found common and extensive use to determine if prices in each individual market respond not only to their own supply and demand, but also to the supply and demand of the set of all ...
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RETRACTED: The Nexus Between Remittances Inflow and Private Investment: Cross Country Analysis of South Asian Countries
... This study attempts to inspect the nexus between remittances inflow and private investment for Pakistan, India, Sri-lanka, Nepal and Bangladesh from 1990 to 2014. This study uses Private investment as dependent variable ...
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Macro determinants of remittance: Relationship between remittance and economic growth in Bangladesh
... outcome of ECM of Remittances- GDP relationships. The coefficient of ECT is negative and significant, indicate that there is a long run relationship between remittance and GDP. Probability and coefficient of the ...
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