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Economic Freedom And Income Inequality Revisited: Evidence From A Panel Error Correction Model

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  • NICHOLAS APERGIS
  • OGUZHAN DINCER
  • JAMES E. PAYNE

Abstract

•This paper provides a correction to a coding error in a previously published paper.•The study utilizes linear and nonlinear ARDL bounds testing to examine relationships between the type of drilling rig, real oil prices, and oil production.•The results illustrate the importance of drilling rig trajectory in the operations of oil producing firms.
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Suggested Citation

  • Nicholas Apergis & Oguzhan Dincer & James E. Payne, 2014. "Economic Freedom And Income Inequality Revisited: Evidence From A Panel Error Correction Model," Contemporary Economic Policy, Western Economic Association International, vol. 32(1), pages 67-75, January.
    • Handle: RePEc:bla:coecpo:v:32:y:2014:i:1:p:67-75
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    • I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health
    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes

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