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Bootstrap innovational outlier unit root tests in dependent panels

✍ Scribed by Mauro Costantini; Luciano Gutierrez


Book ID
119232098
Publisher
Elsevier Science
Year
2012
Tongue
English
Weight
195 KB
Volume
117
Category
Article
ISSN
0165-1765

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Panel unit root tests and spatial depend
✍ Badi H. Baltagi; Georges Bresson; Alain Pirotte πŸ“‚ Article πŸ“… 2007 πŸ› John Wiley and Sons 🌐 English βš– 398 KB

## Abstract This paper studies the performance of panel unit root tests when spatial effects are present that account for cross‐section correlation. Monte Carlo simulations show that there can be considerable size distortions in panel unit root tests when the true specification exhibits spatial err