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Panel Seasonal Unit Root Test: Further Simulation Results and An Application to Unemployment Data

✍ Scribed by Dreger*, Christian ;Reimers, Hans-Eggert


Book ID
106292630
Publisher
Springer
Year
2005
Tongue
German
Weight
173 KB
Volume
89
Category
Article
ISSN
0002-6018

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More powerful panel data unit root tests
✍ L. Vanessa Smith; Stephen Leybourne; Tae-Hwan Kim; Paul Newbold 📂 Article 📅 2004 🏛 John Wiley and Sons 🌐 English ⚖ 153 KB

## Abstract Unit root tests, seeking mean or trend reversion, are frequently applied to panel data. We show that more powerful variants of commonly applied tests are readily available. Moreover, power gains persist when the modifications are applied to bootstrap procedures that may be employed when