Results 11 to 20 of about 3,959,626 (304)
Unit roots: identification and testing in micro panels [PDF]
Working Paper Series, 2005 We consider a number of unit root tests for micro panels where the number of individuals is typically large, but the number of time periods is often very small. As we discuss, the presence of a unit root is closely related to the identification of parameters of interest in this context.
Stephen Bond +2 more
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Testing for a unit root in panels with dynamic factors [PDF]
Journal of Econometrics, 2003 This paper studies testing for a unit root for large n and T panels in which the cross-sectional units are correlated. To model this cross-sectional correlation, we assume that the data is generated by an unknown number of unobservable common factors.
Hyungsik Roger Moon, Benoit Perron
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Testing for causality between the foreign direct investment, current account deficit, GDP and total credit: Evidence from G7 [PDF]
Panoeconomicus, 2013 In this study, countries were analyzed between 1990 and 2011 in order to determine whether a causal relationship exists among current account deficit, GDP, foreign direct investment, and total credits of G7.
Akbas Yusuf Ekrem +2 more
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A Simple Panel‐CADF Test for Unit Roots* [PDF]
Oxford Bulletin of Economics and Statistics, 2012 AbstractIn this paper, we propose a simple extension to the panel case of the covariate‐augmented Dickey–Fuller (CADF) test for unit roots developed in Hansen (1995). The panel test we propose is based on a P values combination approach that takes into account cross‐section dependence.
COSTANTINI M, LUPI C
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Unemployment Hysteresis: Attached or Mismatched?
Scientific Annals of Economics and Business, 2021 This paper investigates the empirical significance of the unemployment problem whether it is structural or temporary on the basis of region-based, income-based and aggregate classifications of different countries for the yearly data from 1991 to 2018. In
Onur Özdemir
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Panel unit root tests and spatial dependence [PDF]
Journal of Applied Econometrics, 2006 AbstractThis paper studies the performance of panel unit root tests when spatial effects are present that account for cross‐section correlation. Monte Carlo simulations show that there can be considerable size distortions in panel unit root tests when the true specification exhibits spatial error correlation. These tests are applied to a panel data set
Baltagi, Badi H. +2 more
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On PPP, unit roots and panels [PDF]
Empirical Economics, 2007 In this paper we use a combination of time series unit root and cointegration analysis and the Bai and Ng (Econometrica 72:1127–1187, 2004) factor model approach to assess the purchasing power parity hypothesis for four real exchange rate panels. Our main findings are twofold: First, we find robust evidence for nonstationary common components in the ...
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Optimal panel unit root testing with covariates [PDF]
The Econometrics Journal, 2018 SummaryThis paper provides asymptotic optimality results for panel unit root tests with covariates by deriving the Gaussian power envelope. The main conclusion is that the use of covariates holds considerable promise in the panel data context, much more so than in the time series context.
Juodis, Artūras, Westerlund, Joakim
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Does Gibrat’s law hold in the insurance industry of china? A test with sequential panel selection method [PDF]
Panoeconomicus, 2012 This study applies the Sequential Panel Selection Method to investigate whether the growth rate of total insurance premium is independent of their size, as postulated by Robert Gibrat’s (1931) Law of Proportionate Effects.
Pan Guochen +2 more
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The law of the single price within one country: the example of Benin
Вестник университета, 2023 This article aims to test the hypothesis of the law of the single price within one country on the example of the regions of Benin. The checking of the hypothesis was carried out empirically and is based on unit root tests for panel data on consumer ...
N.C.C. Vikou
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