Purchasing power parity in ASEAN+3: an application of panel unit root tests
نویسندگان
چکیده
منابع مشابه
Panel Unit Root Tests with GLS-Detrending With an Application to Purchasing Power Parity
We combined recent developments in univariate and multivariate unit root testing in order to construct a more-powerful panel unit root test. We extended the GLS-detrending procedure of Elliott, Rothenberg, and Stock (1996) to a panel Augmented Dickey-Fuller test. The finite sample power properties of the new test demonstrate a very large gain when compared to existing tests, especially for smal...
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ژورنال
عنوان ژورنال: Croatian Review of Economic, Business and Social Statistics
سال: 2018
ISSN: 2459-5616
DOI: 10.2478/crebss-2018-0004