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Convergence of productivity: a comment

โœ Scribed by Zijun Wang

Publisher
John Wiley and Sons
Year
2006
Tongue
English
Weight
41 KB
Volume
21
Category
Article
ISSN
0883-7252

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โœฆ Synopsis

Abstract

We find that an important programming error was made by Hobijn and Franses (2000) in conducting multivariate stationarity tests. The empirical results in their paper are subject to errors. Other studies that have used the coded algorithm of Hobijn and Franses are likely to suffer the same problem. Copyright ยฉ 2006 John Wiley & Sons, Ltd.

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