PANEL COINTEGRATION: ASYMPTOTIC AND FINITE SAMPLE PROPERTIES OF POOLED TIME SERIES TESTS WITH AN APPLICATION TO PPP HYPOTHESIS: NEW RESULTS

By P. Pedroni. 2004

214 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/899bfdb0142d563b3f71d9537485a5d42352ba83

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Citations in the corpus

Output, renewable energy consumption and trade in Africa (2013, methodology): “Lastly, longrun structural coefficients are estimated using OLS and the FMOLS panel approach (Pedroni, 2001, 2004).”
Impact of renewable energy consumption on economic growth: evidence from European Union countries (2018, methodology): “(1) using the Johansen maximum likelihood method (Johansen, & Juselius, 1990) and Pedroni cointegration test (Pedroni, 2004).”
Is Infrastructure Capital Productive? A Dynamic Heterogeneous Approach (2011, unknown): “A battery of residual-based panel tests (not reported to save space), whose alternative hypotheses variously include homogeneous and heterogeneous cointegration (Kao, 1999; Pedroni, 1995, 1999), strongly support the view that the model‘s variables are cointegrated.”
The energy consumption and economic growth nexus in top ten energy-consuming countries: Fresh evidence from using the quantile-on-quantile approach (2018, unknown): “To overcome these issues, researchers have started to use panel unit root and panel cointegration tests, as proposed by Pedroni (1999, 2004).”
The impact of renewable energy consumption to economic growth: A panel data application (2016, methodology): “A unit root test is conducted as follows: (6) The panel tests proposed by Pedroni (1999, 2004) use the following four statistics: panel ν, panel ρ, panel PP and panel ADF-statistic.”
Does external debt lead to economic growth in Pacific island countries (2009, unknown): “According to Pedroni (2004), the panel PP type ρ-test tends to under-reject the null in the case of small sample.”
Evidence from Panel Unit Root and Cointegration Tests that the Environmental Kuznets Curve does not Exist (2003, background): “Second, as shown by Pesaran et al. (1996), the error-correction form of the autoregressive distributed lag model is robust for both I(0) and I(1) variables, provided that long-run relationships do exist among the variables.”
Investigating the asymmetric linkages between infrastructure development, green innovation, and consumption-based material footprint: Novel empirical estimations from highly resource-consuming economies (2021, unknown): “434 Table 10: Panel Cointegration (Pedroni 2004) Estimates Stats.”
The causality between energy consumption and economic growth: A multi-sectoral analysis using non-stationary cointegrated panel data (2010, unknown): “However, according to Pedroni (2004), r and pp tests tend to under-reject the null in the case of small samples.”