Purchasing Power Parity Tests in Cointegrated Panels

By P. Pedroni. Review of Economics and Statistics, 2001

2,128 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/9382a01bd488940407de200853c87e43700ae307

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Citations in the corpus

Panel Cointegration Analysis with Xtpedroni (2014, methodology): “This article and the associated program, xtpedroni, introduce two tools that were developed in Pedroni (1999, 2001, 2004) for use in Stata.”
Government Expenditure and Economic Growth in the EU: Long-Run Tendencies and Short-Term Adjustment (2008, neutral): “Since there is no clear a-priori on the form in which cross-sectional dependence could manifest, we perform Pedroni tests alternatively on original data, de-meaned data, OLS de-trended data and data that are both demeaned and de-trended. Table 3 reports the results of the cointegration tests.(23) In”
A further examination of the export-led growth hypothesis (2012, positive): “To this end, we use the between-dimension group-mean panel DOLS estimator that Pedroni (2001) argues has a number of advantages over the within-dimension approach.”
Are there environmental Kuznets curves for US state-level CO2 emissions? (2017, methodology): “MG, GM-FMOLS, and GM-DOLS stand for standard Mean Group (Pesaran and Smith, 1995), Group Mean Fully Modified OLS (Pedroni, 2000, 2001) and Group Mean Dynamic OLS (Pedroni, 2001).”
The impact of tourism on income inequality in developing economies: Does Kuznets curve hypothesis exist? (2016, neutral): “Pedroni (2000, 2001) argues that in the course of regression estimation, the nuisance parameters can result due to the presence of serial correlation and endogeneity among the regressors.”
On the causal dynamics between economic growth, renewable energy consumption, CO2 emissions and trade openness: Fresh evidence from BRICS countries (2014, neutral): “For instance, Sadorsky (2009a) uses data for G7 countries over the period 1980-2005.”
Revisiting the CO2 emission-induced EKC hypothesis in South Asia: the role of Export Quality Improvement (2020, methodology): “Moreover, the FMOLS estimator is also believed to be ideally suited for estimations involving small sample sizes (Pedroni 2001), which further justifies the appropriateness of this method in the context of this paper.”
Gravity models in integrated panels (2009, methodology): “The current discussion, for example Glick and Rose (2002), Cheng and Wall (2005), and Bussière et al.”
The roles of export diversification and composite country risks in carbon emissions abatement: evidence from the signatories of the regional comprehensive economic partnership agreement (2021, methodology): “Hence, the Pesaran (2004) and the Pesaran and Yamagata (2008) tests are employed to evaluate the CSD and the slope homogeneity issues, respectively.”
Unit Roots and Cointegration in Panels (2005, neutral): “Coakley and Fuertes (1997) and Choi (2001) ).”
Fully modified OLS for heterogeneous cointegrated panels (2001, methodology): “The panel FMOLS estimators presented in this paper are an obvious way to distinguish between these two hypothesis, and Pedroni (1996a, 1999) uses these panel FMOLS estimators to show that only the relative, weak form of purchasing power parity holds for a panel of post Bretton Woods period floatin”