𝔖 Bobbio Scriptorium
✦   LIBER   ✦

Testing for unit roots in three-dimensional heterogeneous panels in the presence of cross-sectional dependence

✍ Scribed by Monica Giulietti; Jesús Otero; Jeremy Smith


Book ID
116422097
Publisher
Elsevier Science
Year
2008
Tongue
English
Weight
158 KB
Volume
101
Category
Article
ISSN
0165-1765

No coin nor oath required. For personal study only.


📜 SIMILAR VOLUMES


A simple panel unit root test in the pre
✍ M. Hashem Pesaran 📂 Article 📅 2007 🏛 John Wiley and Sons 🌐 English ⚖ 372 KB 👁 1 views

## 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

Dynamic factor extraction of cross-secti
✍ George Kapetanios 📂 Article 📅 2007 🏛 John Wiley and Sons 🌐 English ⚖ 204 KB 👁 1 views

## Abstract Recently, considerable emphasis has been placed on the problems arising out of cross‐sectional dependence in panel unit root tests. This paper adopts the factor‐based cross‐sectional dependence paradigm of Bai and Ng (2005) but suggests alternative factor extraction methods. Some theore