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Are Asian Per Capita GDP Stationary? Evidence from First and Second Generation Panel Unit Root Tests

โœ Scribed by Tiwari, Aviral Kumar; Chaudhari, Amrit; Suresh, K. G.


Book ID
118812842
Publisher
Springer
Year
2012
Tongue
English
Weight
238 KB
Volume
19
Category
Article
ISSN
1614-4007

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Recently, there have been many studies that apply the panel unit-root test of to support the validity of long-run purchasing power parity (PPP) for industrial countries. This paper applies two recently developed panel unit-root tests, provided by Im et al. (1995) and , respectively, to re-examine t