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Error Correction Testing in Panels with Common Stochastic Trends

Author

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  • Christian Gengenbach
  • Jean‐Pierre Urbain
  • Joakim Westerlund

Abstract

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Suggested Citation

  • Christian Gengenbach & Jean‐Pierre Urbain & Joakim Westerlund, 2016. "Error Correction Testing in Panels with Common Stochastic Trends," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 31(6), pages 982-1004, September.
  • Handle: RePEc:wly:japmet:v:31:y:2016:i:6:p:982-1004
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    Cited by:

    1. Herzer Dierk, 2022. "Semi-endogenous Versus Schumpeterian Growth Models: A Critical Review of the Literature and New Evidence," Review of Economics, De Gruyter, vol. 73(1), pages 1-55, April.
    2. Dierk Herzer, 2022. "An Empirical Note on the Long-Run Effects of Public and Private R&D on TFP," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 13(4), pages 3248-3264, December.
    3. Dierk Herzer, 2024. "A panel data analysis of the long-run effect of environmental taxes on R&D expenditures at the macro-level," Economics Bulletin, AccessEcon, vol. 44(3), pages 1169-1180.
    4. Inekwe, John Nkwoma, 2021. "Finance and European regional economy," International Review of Financial Analysis, Elsevier, vol. 78(C).
    5. Markus Eberhardt & Francis Teal, 2020. "The Magnitude of the Task Ahead: Macro Implications of Heterogeneous Technology," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 66(2), pages 334-360, June.
    6. Anindya Banerjee & Josep Lluís Carrion-i-Silvestre, 2017. "Testing for Panel Cointegration Using Common Correlated Effects Estimators," Journal of Time Series Analysis, Wiley Blackwell, vol. 38(4), pages 610-636, July.
    7. Dierk Herzer, 2024. "The impact of domestic R&D and North–South R&D spillovers on energy intensity in developing countries," Economic Change and Restructuring, Springer, vol. 57(2), pages 1-31, April.
    8. John Nkwoma Inekwe, 2022. "Economic performance in Africa: The role of fragile financial system," The World Economy, Wiley Blackwell, vol. 45(6), pages 1910-1936, June.
    9. Herzer, Dierk, 2022. "The impact on domestic CO2 emissions of domestic government-funded clean energy R&D and of spillovers from foreign government-funded clean energy R&D," Energy Policy, Elsevier, vol. 168(C).
    10. Vasudeva N. R. Murthy & Natalya Ketenci, 2020. "Capital mobility in Latin American and Caribbean countries: new evidence from dynamic common correlated effects panel data modeling," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 6(1), pages 1-17, December.
    11. R. Golinelli & I. Mammi & A. Musolesi, 2018. "Parameter heterogeneity, persistence and cross-sectional dependence: new insights on fiscal policy reaction functions for the Euro area," Working Papers wp1120, Dipartimento Scienze Economiche, Universita' di Bologna.
    12. Rafaty, R. & Dolphin, G. & Pretis, F., 2020. "Carbon pricing and the elasticity of CO2 emissions," Cambridge Working Papers in Economics 20116, Faculty of Economics, University of Cambridge.
    13. Zekai Senol & Fatma Zeren & Mehmet Canakci, 2020. "The Relationship Between Insurance and Economic Growth," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 16(4), pages 145-155.
    14. Vasudeva N.R. Murthy & Natalya Ketenci, 2021. "The Feldstein–Horioka hypothesis for African countries: Evidence from recent panel error‐correction modelling," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 26(4), pages 5762-5774, October.
    15. Michée A. Lachaud & Boris E. Bravo‐Ureta, 2021. "Agricultural productivity growth in Latin America and the Caribbean: an analysis of climatic effects, catch‐up and convergence," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 65(1), pages 143-170, January.
    16. António Afonso & Florence Huart & João Tovar Jalles & Piotr Stanek, 2020. "Long-run relationship between exports and imports: current account sustainability tests for the EU," Portuguese Economic Journal, Springer;Instituto Superior de Economia e Gestao, vol. 19(2), pages 155-170, May.
    17. Skare, Marinko & Ozturk, Ilhan & Porada-Rochoń, Małgorzata & Stjepanovic, Sasa, 2024. "Energy as the new frontier: Dynamic panel data analysis revealing energy's transformative role in economic growth and technological progress," Technological Forecasting and Social Change, Elsevier, vol. 200(C).
    18. Wanjun Xia & Buhari Doğan & Umer Shahzad & Festus Fatai Adedoyin & Abiodun Popoola & Muhammad Adnan Bashir, 2022. "An empirical investigation of tourism-led growth hypothesis in the European countries: evidence from augmented mean group estimator," Portuguese Economic Journal, Springer;Instituto Superior de Economia e Gestao, vol. 21(2), pages 239-266, May.
    19. Herzer, Dierk, 2022. "The impact of domestic and foreign R&D on TFP in developing countries," World Development, Elsevier, vol. 151(C).
    20. Herzer, Dierk & Schmelmer, Niklas, 2023. "How do South-South and North-South FDI affect energy intensity in developing countries?," MPRA Paper 118179, University Library of Munich, Germany.
    21. Çetin, Murat & Sarıgül, Sevgi Sümerli & Işık, Cem & Avcı, Pınar & Ahmad, Munir & Alvarado, Rafael, 2023. "The impact of natural resources, economic growth, savings, and current account balance on financial sector development: Theory and empirical evidence," Resources Policy, Elsevier, vol. 81(C).
    22. Kostarakos, Ilias, 2020. "Determinants of the (non-Housing) Labour Income Share in the EU," Papers WP693, Economic and Social Research Institute (ESRI).

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