this study attempts to investigate the relationship between pollution and economic growth for two groups of countries according to environmental kuznets curve hypothesis for a sample of 24 developing countries and 26 oecd countries over the period 1980 - 2005. then, we examine this hypothesis using modern econometrics techniques including panel co-integration and panel unit-root. the panel data...

This study examined the relationship between economic growth and energy consumption in period 1986–2015 for 15 selected developed countries. In this study, which dynamic panel analysis method was used, cross-section dependence homogeneity tests were taken into account. Accordingly, unit root cointegration decided. According to test results, it has been determined that there is a long-term consu...

This study examines the effects of foreign direct investment, gross fixed capital formation, real exchange rate, and trade openness on economic growth in newly industrialized countries for 1982 2019 by using panel ARDL method. Before estimating ARDL, we tested existence cross-sectional dependence among countries, determining degree integrations variables second-generation unit root tests examin...

We investigate the hysteresis hypothesis by proposing a heterogeneous panel unit root test that allows for gradually changing trends and cross-sectional dependence (CSD) among members using flexible Fourier form. Inconclusive results from previous studies are potentially due to very restrictive specifications with homogenous break structures and/or exogenously determined abrupt breaks. seek add...

The foreign trade deficit is an important problematic area for all countries, and it the main cause of current account economic crises. It useful to frequently analyze level these deficits. In this study, presence convergence among EU member candidate countries in terms balance was analyzed with second-generation panel data analysis methods, operating under cross-sectional dependence, by using ...

Studies on institutions, which are one of the main determinants economic growth, have been increasing intensively in recent years. In this context, despite many empirical and theoretical studies relationship between democracy there is no consensus about effect growth. This study analyzes growth for MIST (Mexico, Indonesia, South Korea, Turkey) countries. Firstly, cross-sectional dependence was ...