Pakistan Development Review, Volume 38Pakistan Institute of Development Economics, 1999 - Pakistan |
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Page 775
... Cointegration and Error Correction : Representation , Estimation , and Testing . Econometrica 251-276 . Habibullah , M. , and A. Baharumshah ( 1996 ) Money , Output , Stock Prices in Malaysia : An Application of Cointegration Tests ...
... Cointegration and Error Correction : Representation , Estimation , and Testing . Econometrica 251-276 . Habibullah , M. , and A. Baharumshah ( 1996 ) Money , Output , Stock Prices in Malaysia : An Application of Cointegration Tests ...
Page 1063
... cointegrated . The results show that Pa and GDP are cointegrated with REER ( real effective exchange rate ) . However , these tests do not support the hypothesis of cointegration of P and GDP with E. This seems to support the hypothesis ...
... cointegrated . The results show that Pa and GDP are cointegrated with REER ( real effective exchange rate ) . However , these tests do not support the hypothesis of cointegration of P and GDP with E. This seems to support the hypothesis ...
Page 1064
Table 3 Cointegration Test DF Cointegration ADF Equation ( C , 0 ) ( C , T ) LPd = f ( LREER ) -4.543 * -2.227 -2.803 [ 1 ] ( C , 0 ) -2.499 [ 2 ] ( C , T ) LREER = f ( LPd ) -3.212 * -3.241 -1.112 [ 2 ] -1.979 [ 2 ] LPd = f ( LRER ) ...
Table 3 Cointegration Test DF Cointegration ADF Equation ( C , 0 ) ( C , T ) LPd = f ( LREER ) -4.543 * -2.227 -2.803 [ 1 ] ( C , 0 ) -2.499 [ 2 ] ( C , T ) LREER = f ( LPd ) -3.212 * -3.241 -1.112 [ 2 ] -1.979 [ 2 ] LPd = f ( LRER ) ...
Contents
PAKISTAN SOCIETY OF DEVELOPMENT ECONOMISTS | 572 |
Muhammad Saleem Price Regulation in Telecommunications | 575 |
COMMENTS Abdul Khaliq Awan | 585 |
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abiana accounting rate Ahmad analysis average Balochistan Bangladesh capital Chaudhry coefficient consumption cost decline demand developing countries Distributary economic effect efficiency elasticities Equation estimated expenditure quintiles exports factor Faisalabad farm farmers fertility function Grameen Bank growth rate growth triangle Gujranwala Hakra Hong Kong households impact important improvement income group increase industry infrastructure input intranet investment Iqbal Islamabad Karachi Khan labour Malik manufacturing Muhammad Multan NWFP organisation output Pakistan Development Review paper percent planning political poor Population Welfare Poverty in Pakistan poverty line primary private school problems Programme Province of China Punjab Rawalpindi reforms region relationship Report Research revenue role rural areas significant Sindh sources Statistics structure Survey Table Taiwan Province tariff telecommunication textiles and clothing trade variables women World Bank