Results 21 to 30 of about 10,160,813 (305)
An Intersection Test for Panel Unit Roots [PDF]
Econometric Reviews, 2012 This paper proposes a new panel unit root test based on Simes’ [Biometrika 1986, “An Improved Bonferroni Procedure for Multiple Tests of Significance”] classical intersection test. The test is robust to general patterns of cross-sectional dependence and yet straightforward to implement, only requiring p-values of time series unit root tests of the ...
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Hybrid Rank-Based Panel Unit Root Tests
SSRN Electronic Journal, 2023 We study optimality of unit root tests in a semiparametric panel setting with both large time-series and cross-sectional dimension. While, with finite cross-sectional dimension, the limit experiments are locally asymptotically Brownian functional (LABF), we find the classical locally asymptotically normal (LAN) structure with large cross-sectional ...
van den Akker, Ramon +2 more
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Technological and Economic Development of Economy, 2010 Applying the new panel unit root test developed in this paper, we can overcome the pitfalls of old‐fashioned panel unit root tests making it possible for researchers testing individual series for a unit root while taking contemporaneous cross‐sectional ...
Mehmet Huseyin Bilgin +2 more
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Heliyon, 2023 The importance of Renewable energy has been well documented in the literature, especially in the nexus of renewable energy-led environmental sustainability.
Md Qamruzzaman, Salma Karim
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On The Panel Unit Root Tests Using Nonlinear Instrumental Variables [PDF]
, 2004 This paper re-examines the panel unit root tests proposed by Chang (2002). She establishes asymptotic independence of the t-statistics when integrable functions of lagged dependent variable are used as instruments even if the original series are cross ...
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The ASEAN experience of the purchasing power parity theory
Financial Innovation, 2018 We used panel data analysis to evaluate the relative purchasing power parity (PPP) hypothesis of the ten ASEAN member countries between 1973 and 2015.
S. M. Woahid Murad +1 more
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Incidental Trends and the Power of Panel Unit Root Tests [PDF]
Journal of Econometrics, 2003 The asymptotic local powers of various panel unit root tests are investigated. The power envelope is obtained under homogeneous and heterogeneous alternatives. It is compared with asymptotic power functions of the pooled t-test, the Ploberger-Phillips (2002) test, and a point optimal test in neighborhoods of unity that are of order n^{-1/4}T^{-1} and n^
Hyungsik Roger Moon +2 more
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Energies, 2013 China has witnessed a fast economic growth in the recent two decades. However, the heavy energy exploitation seems to show a negative relation to regional economic growth.
Yaobin Liu
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Journal of Economics Finance and Administrative Science, 2015 This study examines the weak-form efficient market hypothesis (EMH) for the Finance Sector in Malaysian Stock Exchange, by exploring and scrutinizing the firm-level efficiency over for the period from 1st January 1997 to 31st December 2014.
Sook Ching Kok, Qaiser Munir
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Heteroscedasticity Robust Panel Unit Root Tests [PDF]
Journal of Business & Economic Statistics, 2014 This article proposes new unit root tests for panels where the errors may be not only serial and/or cross-correlated, but also unconditionally heteroscedastic. Despite their generality, the test statistics are shown to be very simple to implement, requiring only minimal corrections and still the limiting distributions under the null hypothesis are ...
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