The unit root hypothesis for international real GDP and real GDP per capita has been the subject of extensive investigation. Using panel methods that incorporate structural change, we reject the unit root null in favor of the alternative of trend stationarity with one or two changes in the slope for two panels with postwar data and one or two changes in both the slope and the intercept for a panel with long-horizon data. We conclude that real GDP levels are better characterized as regime-wise trend stationary than as either trend stationary without structural change or difference stationary with unit roots
This paper examines the stationarity of real GDP per capita for 27 OECD countries during the period ...
This paper examines whether the CPI and real GDP for the US exhibit nonlinear reversion to trend as ...
Panel unit root and stationarity tests without structural breaks suggest that for eight Pacific isla...
The unit root hypothesis for international real GDP and real GDP per capita has been the subject of ...
Determining whether per capita output can be characterized by a stochastic trend is complicated by t...
In a classic paper, Nelson and Plosser (1982) could not reject the unit root hypothesis in favor of ...
The aim of this paper is to provide additional evidence about the order of integration of constant p...
By using an extended dataset for 19 developed countries, this study employs a recent unit root test ...
Panel unit root and stationarity tests without structural breaks suggest that for eight Pacific isla...
This paper examines the null hypothesis that output series contain a unit root against the alternati...
We use historical data that cover more than one century on real GDP for industrial countries and emp...
This paper examines the stationarity of real GDP per capita for 27 OECD countries during the period ...
In this paper we investigate whether long run time series of income per capita are better described ...
In this paper we investigate whether long run time series of income per capita are better described ...
The time series properties of German GDP have been re-examined in recent research. Extending the sam...
This paper examines the stationarity of real GDP per capita for 27 OECD countries during the period ...
This paper examines whether the CPI and real GDP for the US exhibit nonlinear reversion to trend as ...
Panel unit root and stationarity tests without structural breaks suggest that for eight Pacific isla...
The unit root hypothesis for international real GDP and real GDP per capita has been the subject of ...
Determining whether per capita output can be characterized by a stochastic trend is complicated by t...
In a classic paper, Nelson and Plosser (1982) could not reject the unit root hypothesis in favor of ...
The aim of this paper is to provide additional evidence about the order of integration of constant p...
By using an extended dataset for 19 developed countries, this study employs a recent unit root test ...
Panel unit root and stationarity tests without structural breaks suggest that for eight Pacific isla...
This paper examines the null hypothesis that output series contain a unit root against the alternati...
We use historical data that cover more than one century on real GDP for industrial countries and emp...
This paper examines the stationarity of real GDP per capita for 27 OECD countries during the period ...
In this paper we investigate whether long run time series of income per capita are better described ...
In this paper we investigate whether long run time series of income per capita are better described ...
The time series properties of German GDP have been re-examined in recent research. Extending the sam...
This paper examines the stationarity of real GDP per capita for 27 OECD countries during the period ...
This paper examines whether the CPI and real GDP for the US exhibit nonlinear reversion to trend as ...
Panel unit root and stationarity tests without structural breaks suggest that for eight Pacific isla...