The Prebish–Singer hypothesis in the post-colonial era: Evidence from panel cointegration
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DOI: 10.1016/j.econlet.2018.02.026
Abstract: Abstract We test the hypothesis that commodity prices tend to decline relatively to manufactured goods prices using a panel cointegration bootstrap test. The hypothesis does not hold for 1950–1980, and it does for 1950–2011 for… read more here.
Keywords: hypothesis; singer hypothesis; panel cointegration; prebish singer ... See more keywords
The heterogeneous impact of taxation on economic development: New insights from a panel cointegration approach
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DOI: 10.1016/j.ecosys.2018.01.001
Abstract: Abstract In this paper, we study the role of taxation on long-run income performance. In the theoretical part of the study, we develop a stylized model based on Barro (1990), in which income taxation has… read more here.
Keywords: panel cointegration; tax; cointegration approach; taxation ... See more keywords
Likelihood-based panel cointegration test in the presence of a linear time trend and cross-sectional dependence
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DOI: 10.1080/07474938.2016.1183070
Abstract: ABSTRACT This article proposes a new likelihood-based panel cointegration rank test which extends the test of Örsal and Droge (2014) (henceforth panel SL test) to dependent panels. The dependence is modelled by unobserved common factors… read more here.
Keywords: likelihood based; panel cointegration; based panel; test ... See more keywords
Population aging and inflation: evidence from panel cointegration
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DOI: 10.1080/15140326.2020.1795518
Abstract: ABSTRACT This study investigates the relationship between demography and inflation using panel cointegration for 24 countries during 1961–2014. It shows that the age structure of the population affects inflation. The answer to the question “is… read more here.
Keywords: panel cointegration; population aging; population; inflation ... See more keywords