Nonstationary panels, panel cointegration, and dynamic panels

By Badi H. Baltagi. 2001

588 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/87536971878f047e31f458decffa08bc58d4b226

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In Economics and Econometrics

Citations in the corpus

Unit Roots and Cointegration in Panels (2005, background): “Pedroni presents values of p; 2 p and ~ p; ~ 2 p such that (ZPt p p N)= p and ( e ZPt ~ pN)=~ p have standard normal limiting distributions under the null hypothesis. Other residual-based panel cointegration tests include the recent contribution of Westerlund (2005a) that are based on variance ratio”
Energy consumption and GDP in developing countries: A cointegrated panel analysis (2005, methodology): “Third, the longrun relationship is estimated using the FMOLS technique for heterogeneous cointegrated panels (Pedroni, 2000).”
Growth, Development and Natural Resources: New Evidence Using a Heterogeneous Panel Analysis (2011, unknown): “…of the steady state values of the variables in our model: or equivalently: e e we can use the equation of motion of capital to write the above as: ( y t ) e and taking the natural logarithm we have: e or equivalently in per capita terms where lower case letters denote variables in per capita terms.”
How does tourism development affect environmental pollution? (2021, methodology): “Considering the endogeneity problem, the FMOLS and DOLS methods proposed by Pedroni (2001a, 2001b) are applied to extract long-run coefficients estimates.”
Panel LM Unit-root Tests with Level Shifts (2005, unknown): “We apply our new test to the purchasing power parity (PPP) hypothesis and find strong evidence for PPP. I. Introduction Recent developments of unit-root tests using panel data have attracted much attention in applied works (see Baltagi and Kao, 2000, for a survey).”