Shortfalls of panel unit root testing
View/
Date
2003Journal Title
Economics Letters
Print ISSN
0165-1765
Electronic ISSN
1873-7374
Publisher
Elsevier BV
Volume
81
Issue
3
Pages
309 - 313
Language
English
Type
Article
Metadata
Show full item recordPlease cite this item using this persistent URL
http://hdl.handle.net/11693/11292Abstract
This paper shows that (i) magnitude and variation of contemporaneous correlation are important in panel unit root tests, and (ii) demeaning across the panel usually does not eliminate these problems. (C) 2003 Elsevier B.V. All rights reserved.