This paper investigates the stationarity properties and long-run relationship of Taiwan's regional house prices from 1993Q1 to 2009Q2. It applies the recent unit-root test of the panel seemingly ...

International Journal of Health Economics and Management, Vol. 19, No. 2 (June 2019), pp. 115-153 (39 pages) This paper provides empirical evidence of the existence of a long-run causal relationship ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation We investigate the properties of Johansen's (1988, 1991) maximum eigenvalue and trace tests for cointegration under the ...

The paper carries out a number of tests of the unit-root hypothesis on 13 Indian annual macroeconomic time series to see how robust is the hypothesis to alternative testing procedures. The null ...

This paper tests the validity of the proposition that there is a causal relationship between government expenditure and government revenue for Greece over the period 19571993. The empirical analysis ...

This paper examines monthly OECD exchange rate data (1979-1997) using uni variate and panel data unit root tests. Some of these tests support the hypothesis of a unit root. But tests of cointegration ...