Cross country comparison and performance of model selection techniques for bounds test of cointegration: Evidence from brıcs countries

Basit Öğe Kaydı
dc.authorid0000-0002-5131-577X
dc.contributor.authorKhan, Asad ul Islam
dc.contributor.otherYönetim Bilimleri Fakültesi, İktisat Bölümü
dc.contributor.otherYönetim Bilimleri Fakültesi, İktisat Bölümü
dc.date.accessioned2020-06-18T08:14:10Z
dc.date.available2020-06-18T08:14:10Z
dc.date.issued2019
dc.departmentİHÜ, Yönetim Bilimleri Fakültesi, İktisat Bölümü
dc.description.abstractOnly unstructured single path model selection techniques i.e. Information Criteria are used by Bounds test for plausible model selection. This paper evaluates the performance of these five routinely used information criteria (AIC, AICC, BIC, BICC and HQC) along with three structured single path model selection approaches (Forward Selection, Backward Elimination and Stepwise) to be used in Bounds test for plausible model selection by examining the long-run relationship between three pairs of macroeconomic variables i.e. (Energy Consumption (EC) and GDP), (Oil Price (OP) and GDP) and (Broad Money (BM) and GDP) for BRICS countries. In addition, the existence of long run relationship for the three pairs is also assessed and compared across five BRICS economies. It is found that BIC and Backward Elimination procedures are better. Moreover, significant evidence of level relationship between (EC and GDP) and (OP and GDP) is found for all five economies except Brazil..
dc.identifier.citationKhan, A. I. (2019). Cross country comparison and performance of model selection techniques for bounds test of cointegration: Evidence from brıcs countries. The 6th International Congress on Energy, Economy and Security (ENSCON), Istanbul, 8-10 November 2019.
dc.identifier.urihttps://hdl.handle.net/20.500.12154/1178
dc.institutionauthorKhan, Asad ul Islam
dc.language.isoen
dc.publisherPazıl Reklam Danışmanlık Matbaa ve Organizasyon Ltd. Şti.
dc.relation.ihupublicationcategory131
dc.relation.ispartofThe 6th International Congress on Energy, Economy and Security (ENSCON), 8-10 November 2019
dc.relation.publicationcategoryKonferans Öğesi - Uluslararası - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.subjectBounds Cointegration Test
dc.subjectInformation Criterion
dc.subjectModel Selection Techniques
dc.subjectPlausible Model
dc.titleCross country comparison and performance of model selection techniques for bounds test of cointegration: Evidence from brıcs countries
dc.typeConference Object
dspace.entity.typePublication
relation.isAuthorOfPublication5d56d061-267c-4b33-8b78-b50e651ee5aa
relation.isAuthorOfPublication.latestForDiscovery5d56d061-267c-4b33-8b78-b50e651ee5aa
relation.isOrgUnitOfPublication9d1809d1-3541-41aa-94ed-639736b7e16f
relation.isOrgUnitOfPublication.latestForDiscovery9d1809d1-3541-41aa-94ed-639736b7e16f

Dosyalar

Lisans paketi
Listeleniyor 1 - 1 / 1
[ N/A ]
İsim:
license.txt
Boyut:
1.52 KB
Biçim:
Item-specific license agreed upon to submission
Açıklama:
İndir

Koleksiyon

İktisat Bölümü Koleksiyonu