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A simple panel stationarity test in the presence of serial correlation and a common factor

✍ Scribed by Kaddour Hadri; Eiji Kurozumi


Book ID
116423154
Publisher
Elsevier Science
Year
2012
Tongue
English
Weight
202 KB
Volume
115
Category
Article
ISSN
0165-1765

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## Abstract A number of panel unit root tests that allow for cross‐section dependence have been proposed in the literature that use orthogonalization type procedures to asymptotically eliminate the cross‐dependence of the series before standard panel unit root tests are applied to the transformed s