Shortfalls of Panel Unit Root Testing

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Author
Strauss, J.
Yigit, T.
Date Issued
2003-12
Journal Title
Economics Letters
Publisher
Elsevier
Language
English
Type
Article
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Citation
Strauss, J., & Yigit, T. (2003). Shortfalls of panel unit root testing. Economics Letters, 81(3), 309-313.
Please cite this item using this persistent URL
http://hdl.handle.net/11693/11292
Abstract
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.
Published as
http://dx.doi.org/10.1016/S0165-1765(03)00210-6
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