A Parametric approach to the Estimation of Cointegration Vectors in Panel Data

By J. Breitung. 2002

514 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/e7492bcd4e9a9d399d8ab27a515b699c5ea9adcc

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In Economics and Econometrics

Citations in the corpus

The Performance of Panel Cointegration Methods: Results from a Large Scale Simulation Study (2009, methodology): “VAR estimator of the cointegrating space developed in Breitung (2005) and the one-step”
Reducing CO2 emissions in the EU member states: Do environmental taxes work? (2018, background): “Levin, Lin, and Chu (2002), Breitung (2005), and Hadri (2000) are based on the assumption of homogeneity, while C. Aydin and O€.”
Modeling Regional Interdependencies Using a Global Error-Correcting Macroeconometric Model (2004, background): “(1999), Pedroni (2000), Breitung (2002), and Groen and Kleibergen (2003), for example, that restrict the long-run relations to depend only on the domestic variables.”
FDI and Income Inequality: Evidence from a Panel of U.S. States (2012, unknown): “(A.6) The mean and variance of the asymptotic trace statistic are tabulated by Breitung (2005) for the model (with an intercept and a trend) we use.”
International Investment Positions and Exchange Rate Dynamics: A Dynamic Panel Analysis (2007, methodology): “A computationally less burdensome alternative that we focus on in this paper is to adapt the two-step estimation strategy proposed by Breitung (2005) for the PMG model to our CPMG model: Rewriting (11) as ∆yit = yi,t−1αi(z̃it) + x ′ itβi(z̃it) + h ′ itψi(z̃it) + εit, i = 1, 2, ..., N, t = 1, 2,…”
Long-Run Money Demand in the New EU Member States with Exchange Rate Effects (2007, unknown): “Mark and Sul (2002) and Breitung (2002) are used to get efficient esti mates of the coin-”
How strong is the causal relationship between globalization and energy consumption in developed economies? A country-specific time-series and panel analysis (2018, background): “When the panel is heterogeneous, assuming slope homogeneity can result in misleading estimates (Breitung 2005).”
How Does Foreign Direct Investment Really Affect Developing Countries' Growth? (2012, unknown): “A common feature of traditional panel estimators, such as the ones used by Carkovic and Levine (2005) and Busse and Groizard (2008), is the homogeneity imposed on slope parameters. Recent advances in the heterogeneous panel literature, however, suggest that estimation and inference in standard dynam”
Cointegration in Panel Data with Breaks and Cross-Section Dependence (2006, unknown): “Breitung (2005) proposes a VAR-based panel data cointegration procedure that permits the introduction of dummy variables outside the long-run relationship.”
Theoretical Framework for the Carbon Emissions Effects of Technological Progress and Renewable Energy Consumption (2021, methodology): “provide misleading estimator results (Breitung, 2005; Jalil, 2014). Therefore, cross-section slope heterogeneity is tested using an adjusted version of Swamy's (1970) developed by Pesaran and Yama-”