Palgrave Handbook of Econometrics: Applied Econometrics

692 Panel Methods to Test for Unit Roots and Cointegration where: ZmtNT= ∑N i= 1 tαmi,0; m=c,τ ZγtNT(λ)= ∑N i= 1 tαγi,0(λ), and, ...

Anindya Banerjee and Martin Wagner 693 to the domestic market in the face of exchange rate fluctuations (say, relative to the do ...

694 Panel Methods to Test for Unit Roots and Cointegration The industrial organization literature offers explanations for why th ...

Anindya Banerjee and Martin Wagner 695 However, despite the underlying levels equation described as the pass-through equation ab ...

696 Panel Methods to Test for Unit Roots and Cointegration policy, especially for countries that previously had less credible po ...

Anindya Banerjee and Martin Wagner 697 Table 13.9 Banerjee and Carrion-i-Silvestre (2007) cointegration test results Model Cross ...

698 Panel Methods to Test for Unit Roots and Cointegration 13.3.1.6 Single equation estimation of the cointegrating vector In th ...

Anindya Banerjee and Martin Wagner 699 in (13.18′), which puts the homogeneity restriction on the cointegrating rela- tionship i ...

700 Panel Methods to Test for Unit Roots and Cointegration Furthermore, group mean FM-OLS estimation is considered in Pedroni (2 ...

Anindya Banerjee and Martin Wagner 701 lead to an estimator with a limiting covariance matrix proportional to the identity matri ...

702 Panel Methods to Test for Unit Roots and Cointegration dynamic model necessitates the estimation of a substantial number of ...

Anindya Banerjee and Martin Wagner 703 very similar to the analysis relating to single-equation estimators. In panel VAR co- int ...

704 Panel Methods to Test for Unit Roots and Cointegration spaces, for example, normalized asβˆi= [ Ik,βˆ ′ i,2 ]′ , which are i ...

Anindya Banerjee and Martin Wagner 705 set-up without deterministic components for illustration, these parameters are con- taine ...

706 Panel Methods to Test for Unit Roots and Cointegration that Breitung incorporates the homogeneity restriction on the cointeg ...

Anindya Banerjee and Martin Wagner 707 The final substantive section of our chapter is to apply some of the estimation methods d ...

708 Panel Methods to Test for Unit Roots and Cointegration Table 13.10 Panel cointegration estimation results for SO 2 FM-OLS D- ...

Anindya Banerjee and Martin Wagner 709 heterogeneity across countries, only very limited evidence for an EKC arises, with the ma ...

710 Panel Methods to Test for Unit Roots and Cointegration Table A.13.1 Country lists for the four monthly RER panels Euro-area ...

Anindya Banerjee and Martin Wagner 711 Table A.13.2 List of countries for EKC computations for SO 2 Afghanistan Equatorial Guine ...