Arbeitspapier
Pair-wise cointegration in long-run growth models
This paper presents a novel theoretical and empirical approach to the analysis of long-run economic growth. It shows that most traditional theoretical models share the feature of pair-wise cointegration among the main variables. An augmented Kaldor model is proposed in contrast to the standard production function. The empirical analysis employs non- stationary panel techniques on two groups of countries to show that pair- wise cointegration exists among GDP, physical capital, human capital, and trade openness.
- Language
-
Englisch
- Bibliographic citation
-
Series: Research Notes ; No. 24
- Classification
-
Wirtschaft
- Subject
-
Wachstumstheorie
Kointegration
Wirtschaftswachstum
Schätzung
Theorie
Welt
- Event
-
Geistige Schöpfung
- (who)
-
Bergheim, Stefan
- Event
-
Veröffentlichung
- (who)
-
Deutsche Bank Research
- (where)
-
Frankfurt a. M.
- (when)
-
2007
- Handle
- Last update
-
10.03.2025, 11:41 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Bergheim, Stefan
- Deutsche Bank Research
Time of origin
- 2007
Other Objects (12)
Long-run Money Demand in OECD Countries – Cross-Member Cointegration
Long-run Money Demand in OECD Countries – Cross-Member Cointegration
Long-Run Linkages between US Stock Prices and Cryptocurrencies: A Fractional Cointegration Analysis
Long-run growth forecasting
Long-run growth uncertainty
Long-run supply prospects
Long-run money demand
Pairs trading with partial cointegration
The long-run weight of communism or the weight of long-run history?
Long-run expectations of households
Informality and long-run growth
Informality and Long-Run Growth
Long-run Money Demand in OECD Countries – Cross-Member Cointegration
Long-run Money Demand in OECD Countries – Cross-Member Cointegration
Long-Run Linkages between US Stock Prices and Cryptocurrencies: A Fractional Cointegration Analysis
Long-run growth forecasting
Long-run growth uncertainty
Long-run supply prospects
Long-run money demand
Pairs trading with partial cointegration
The long-run weight of communism or the weight of long-run history?
Long-run expectations of households
Informality and long-run growth
Informality and Long-Run Growth
Long-run Money Demand in OECD Countries – Cross-Member Cointegration
Long-run Money Demand in OECD Countries – Cross-Member Cointegration
Long-Run Linkages between US Stock Prices and Cryptocurrencies: A Fractional Cointegration Analysis
Long-run growth forecasting
Long-run growth uncertainty
Long-run supply prospects
Long-run money demand
Pairs trading with partial cointegration
The long-run weight of communism or the weight of long-run history?
Long-run expectations of households
Informality and long-run growth