. Several macroeconomic variables are taken into account in a cointegration analysis of the long-run relationship among …

Johansen cointegration approach. Qatar is a small open economy that depends on the outside world for exporting its oil, natural …

between exports and imports plus unilateral transfer payments. We apply Johansen cointegration test and Dynamic Ordinary Least … Square (DOLS) to evaluate the sustainability. Cointegration between inflows and outflows of current account implies that the … intertemporal budget constraint is satisfied. Results of the Johansen cointegration test imply that there is a cointegrating …

with the methods of cointegration and causality of temporal series, in which is demonstrated that the growth restricted by … imports openness, which implies that the growth is limited by the current account of the balance of payments. The aim of this … the balance of payments is nearly to the observed growth´s rate in the period above mentioned. …

This paper uses the Johansen test for cointegration to check the prediction of a portfolio balance model that … predictable valuation effects are quantitatively small in developed countries. The rejection of cointegration suggests that the …

and after the outbreak of the global financial crisis. Cointegration analyses on the pre-crisis sample reveal that …