Persistence of nitrogen oxides emissions using historical time series data: evidence from 37 countries
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Solarin, S., Bermejo, L., Gil-Alana, L. (2022): Persistence of nitrogen oxides emissions using historical time series data: evidence from 37 countries, Australasian Journal of Environmental Management, Vol. 29, Issue 4, 386-404, https://doi.org/10.1080/14486563.2022.2135625
The devastating effects of the financial and economic recessions within the last two decades have led researchers to question whether there is a connection between the public and private financial sectors that contributes to the rapid propagation of crisis. We analyze the fractional cointegrating structure between the private and public debt-to-GDP ratios for 17 European countries to examine the relevance of this relationship as an amplification channel of shocks. On the one hand, the univariate ...