LONG-RUN STRUCTURAL MODELLING

By M. Pesaran, Yongcheol Shin. 2002

455 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/b65d88deb60760857813fc8d5b78b3f502dd0ad7

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Environmental Engineering

Citations in the corpus

Unit Roots and Cointegration in Panels (2005, unknown): “See Pesaran and Shin (2002) for a general discussion of identification and testing of cointegrating relations in the context of a single cross section units.”
Causality between financial development and economic growth: an application of vector error correction and variance decomposition methods to Saudi Arabia (2009, methodology): “Given the crucial importance of the direction of causality between financial development and economic growth in formulating development plans, we want to address this issue through the application of the recently developed time-series techniques of vector error correction and variance decompositions”
How do oil prices, macroeconomic factors and policies affect the market for renewable energy? (2017, background): “The GIRF, introduced by [41] and [42]), takes the traditional distribution of the residuals into account and computes the dynamic response to the reduced form shocks in the VAR.”
The Greek financial crisis: growing imbalances and sovereign spreads (2012, methodology): “13 The derivation of formal identification criteria of the long-run in a VEqCM is the main subject of Johansen and Juselius (1990) and Pesaran and Shin (2002), where it is demonstrated that a necessary order condition for exact identification is that there 13 It remains possible though that the…”
Forecast Uncertainties in Macroeconomic Modeling (2003, methodology): “Estimation of the parameters of the conditional model, (23), can be carried out using the long-run structural modelling approach described by Pesaran and Shin (2002) and Pesaran et al.”
Modeling tourism: A fully identified VECM approach (2009, background): “…vectors, β; restrictions on the short-run dynamic coefficients, Γi ; and restrictions on the loading parameters, α. Researchers have proposed various different ways to impose these restrictions (Johansen, 1988, 1991, 1995; Pesaran & Shin, 2001; Phillips, 1991, 1995; Saikkonen, 1993a,b).”
Forecast Uncertainties in Macroeconometric Modelling: An Application to the UK Economy (2000, methodology): “the long-run structural modelling approach described in Pesaran and Shin (2002) and”