Bounds testing approaches to the analysis of level relationships

By M. Pesaran, Yongcheol Shin, Richard J. Smith. 2001

20,509 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/d96faee1898de7a052115ecfe533a5b2fd1151c0

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In Economics and Econometrics

Citations in the corpus

The economics of BitCoin price formation (2014, methodology): “An advantage of the ARDL model of Pesaran, Shin, and Smith (2001) is that it can be applied irrespective of the order of integration of model variables (mix of I(0) and I(1) variables).”
Environmental Kuznets Curve hypothesis and the role of globalization in selected African countries (2016, methodology): “Narayan, (2005) argued that critical bounds generated by Pesaran et al. (2001) are not suitable for small sample data set as in our case i.e. 42 observations.”
Evidence from Panel Unit Root and Cointegration Tests that the Environmental Kuznets Curve does not Exist (2003, background): “Pesaran et al. (2001) develop sets of critical values for testing the null of no long run relationship (αi = 0) against the alternative of a long run relationship {−1 ≤ αi < 0} for either I(0) or I(1) regressors.7 Using this approach, we find that although the coefficient is correctly signed in…”
Distribution, aggregate demand and productivity growth: theory and empirical results for six OECD countries based on a post-Kaleckian model (2010, methodology): “First we tried to estimate an error-correction-model following the method suggested by Pesaran et al. (2001).”
Energy consumption, pollutant emissions and economic growth in South Africa (2010, methodology): “…this paper, tests for establishing the long-run relationship between the variables are carried out by using the cointegration procedure developed by Pesaran et al. (2001), hereafter PSS, while testing for causality is conducted using a modified version of the Granger causality test proposed by…”
Foreign Direct Investment, Trade, and Economic Growth: An Empirical Analysis of Bangladesh (2016, background): “Table CI (iii) on p.300 of Pesaran et al. (2001) [39] is the relevant table for us to use here.”