# PMGE

AcronymDefinition
PMGEPolar Marine Geosurvey Expedition (est. 1962)
PMGEProvisional Military Government of Ethiopia (1975-1978)
References in periodicals archive ?
As the PMGE results for the low-income economies show, only one long-term parameter is estimated (0.14); however, the error correction parameter and the short-run coefficient are calculated separately for each unit.
As shown in Table VII, contrary to the PMGE method, MGE estimates separate long-term parameters for each unit.
As the PMGE results for the lower-middle-income economies show, only one long-term parameter is estimated (0.37); however, the error correction parameter and the short-run coefficient are calculated separately for each unit.
Table IX shows the PMGE and MGE results for the upper-middle-income economies dependent on external energy resources.
According to the PMGE results obtained for each net energy-importing upper-middle-income economy, the error correction parameter is statistically significant, except for Belarus, and negative.
Table X shows the PMGE and MGE results for the high-income economies dependent on external energy resources.
According to the PMGE results obtained for each net energy-importing high-income economy, the error correction parameter is statistically significant, except for Greece, and negative.
We estimate equation 4 by applying the Pesaran et al.'s (1999) PMGE. As shown in the section 'Assessing the heterogeneity of the degree of pass-through', the PMG specification imposes common long-run and free short-run parameters.
The panel long-run coefficient estimates using MGE and DFE are statistically significant with values for inflation of -0.023 (PMGE) and -0.027 (DFE) respectively, supporting the idea that inflation has a minor (close to zero) negative effect on output growth.
Overall, the long-run coefficients for inflation and employment growth converge to the PMGE values of -0.002 and 0.443 respectively.
The long-run error adjustment coefficients are statistically significant in the PMGE, MG and VECM models (results available at request from the corresponding author), and suggest that the adjustment toward a long-run equilibrium level is fairly quick.
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