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Keywords: Fully modified OLS (FMOLS)
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Journal Articles
International Journal of Social Economics (2016) 43 (10): 998–1015.
Published: 10 October 2016
...-urban income inequality is the ratio between agricultural to industrial value-added as percent of GDP Source: World Bank database Financial development Panel co-integration Panel Granger causality Fully modified OLS (FMOLS) Rural-urban income inequality D30 F43 G28 O16 O53...
Journal Articles
International Journal of Social Economics (2016) 43 (4): 400–416.
Published: 11 April 2016
... are checked by using Levin-Lin-Chu and Im-Pesaran-Shin panel unit root tests. The paper applied the Pedroni’s panel co-integration test to examine the existence of long-run relationship. The coefficients of co-integration are examined by fully modified OLS (FMOLS) and the causal link is checked by panel...
