This is a preview. Log in through your library . Abstract One of the most cited studies in recent years within the field of nonstationary panel data analysis is that of Bai and Ng (2004), in which the ...
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 ...
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