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Testing panel cointegration with unobservable dynamic common factors that are correlated with the regressors

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  • Jushan Bai
  • Josep Lluís Carrion‐i‐Silvestre

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  • Jushan Bai & Josep Lluís Carrion‐i‐Silvestre, 2013. "Testing panel cointegration with unobservable dynamic common factors that are correlated with the regressors," Econometrics Journal, Royal Economic Society, vol. 16(2), pages 222-249, June.
    • Handle: RePEc:wly:emjrnl:v:16:y:2013:i:2:p:222-249
    DOI: ectj.12002
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    2. Tim Buyse & Freddy Heylen & Ruben Schoonackers, 2015. "On The Role Of Public Policies And Wage Formation For Private Investment In R&D: A Long-Run Panel Analysis," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 15/911, Ghent University, Faculty of Economics and Business Administration.
    3. Petrović, Predrag & Lobanov, Mikhail M., 2022. "Energy intensity and foreign direct investment nexus: Advanced panel data analysis," Applied Energy, Elsevier, vol. 311(C).
    4. Antonia Arsova & Deniz Dilan Karaman Örsal, 2018. "Likelihood-based panel cointegration test in the presence of a linear time trend and cross-sectional dependence," Econometric Reviews, Taylor & Francis Journals, vol. 37(10), pages 1033-1050, November.
    5. Shasha Liu & Robin Sickles, 2021. "The agency problem revisited: a structural analysis of managerial productivity and CEO compensation in large US commercial banks," Empirical Economics, Springer, vol. 60(1), pages 391-418, January.
    6. Antonia Arsova & Deniz Dilan Karaman Örsal, 2016. "An intersection test for the cointegrating rank in dependent panel data," Working Paper Series in Economics 357, University of Lüneburg, Institute of Economics.
    7. Wang, Weiguo & Xue, Jing & Du, Chonghua, 2016. "The Balassa–Samuelson hypothesis in the developed and developing countries revisited," Economics Letters, Elsevier, vol. 146(C), pages 33-38.
    8. Gerdie Everaert & Freddy Heylen & Ruben Schoonackers, 2015. "Fiscal policy and TFP in the OECD: measuring direct and indirect effects," Empirical Economics, Springer, vol. 49(2), pages 605-640, September.
    9. Predrag Petrović & Mikhail M. Lobanov, 2022. "Impact of financial development on CO2 emissions: improved empirical results," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 24(5), pages 6655-6675, May.
    10. Özçelik, Emre & Tuğan, Mustafa, 2019. "Terms of Trade Effects of Productivity Shocks and Economic Development," MPRA Paper 91473, University Library of Munich, Germany.
    11. Nana Kwabena Kufuor & Kevin Williams, 2024. "A source of funding for illicit activities or a solution to crime? Evidence from remittance inflows to Jamaica," Journal of International Development, John Wiley & Sons, Ltd., vol. 36(1), pages 3-25, January.
    12. Karaman Örsal, Deniz Dilan & Arsova, Antonia, 2017. "Meta-analytic cointegrating rank tests for dependent panels," Econometrics and Statistics, Elsevier, vol. 2(C), pages 61-72.
    13. Simon Reese & Joakim Westerlund, 2016. "Panicca: Panic on Cross‐Section Averages," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 31(6), pages 961-981, September.
    14. In Choi, 2012. "Panel Cointegration," Working Papers 1208, Nam Duck-Woo Economic Research Institute, Sogang University (Former Research Institute for Market Economy).
    15. Westerlund, Joakim, 2015. "The power of PANIC," Journal of Econometrics, Elsevier, vol. 185(2), pages 495-509.
    16. Josep Lluís Carrion-I-Silvestre, 2016. "Fiscal Deficit Sustainability of the Spanish Regions," Regional Studies, Taylor & Francis Journals, vol. 50(10), pages 1702-1713, October.

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