Is Per Capita Real GDP Stationary in African Countries? Evidence from Panel SURADF Test

淡江大學機構典藏 > 商管學院 > 財務金融學系暨研究所 > 期刊論文 > Item 987654321/54877

jsp.display-item.identifier=請使用永久網址來引用或連結此文件: https://tkuir.lib.tku.edu.tw/dspace/handle/987654321/54877

题名:	Is Per Capita Real GDP Stationary in African Countries? Evidence from Panel SURADF Test
作者:	Chang, Tsangyao;Chang, Hsu-ling;Chu, Hsiao-ping;Su, Chi-wei
贡献者:	淡江大學國際貿易學系暨國際企業研究所
日期:	2006-12
上传时间:	2011-07-28 00:48:59 (UTC+8)
出版者:	Abingdon: Routledge
摘要:	This note uses the newly developed panel SURADF tests advanced by Breuer et al . (2001) to investigate the time-series properties of real GDP for 47 African countries for the period 1980 to 2004. While the other Panel-based unit root tests are joint tests of a unit root for all members of the panel and are incapable of determining the mix of I(0) and I(1) series in the panel setting, the Panel SURADF tests a separate unit-root null hypothesis for each individual panel member and, therefore identifies how many and which series in the panel are stationary processes. The empirical results from several panel-based unit root tests indicate that the per capita real GDP for all the countries studied are non-stationary, however, when Breuer et al .'s Panel SURADF tests are conducted, one finds unit root in per capita real GDP only exist in two-third of countries studied. These results have important policy implications for African countries.
關聯:	Applied Economics Letters 13(15), pp.1003-1008
DOI:	10.1080/13504850500425881
显示于类别:	[財務金融學系暨研究所] 期刊論文 [國際企業學系暨研究所] 期刊論文

文件中的档案:

档案	描述	大小	格式	浏览次数
index.html		0Kb	HTML	384	检视/开启
Is per capita real GDP stationary in African countries Evidence from panel SURADF test.pdf		224Kb	Adobe PDF	2	检视/开启

在機構典藏中所有的数据项都受到原著作权保护.

TAIR相关文章