Is there really hysteresis in the OECD unemployment rates? New evidence using a Fourier panel unit root test

Empirica ◽  
2021 ◽  
Author(s):  
Tolga Omay ◽  
Muhammad Shahbaz ◽  
Chris Stewart
Keyword(s):  
Unit Root ◽  
Unit Root Test ◽  
Panel Unit Root Test ◽  
Panel Unit Root ◽  
Unemployment Rates ◽  
New Evidence

The effects of shocks on Turkish tourism demand: Evidence using panel unit root test

2020 ◽  
pp. 135481661989983 ◽  
Author(s):  
Yagmur Saglam ◽  
Apostolos Ampountolas
Keyword(s):  
Empirical Study ◽  
Unit Root ◽  
Structural Breaks ◽  
Structural Break ◽  
Unit Root Test ◽  
Transition Process ◽  
Smooth Transition ◽  
Tourism Demand ◽  
Panel Unit Root Test ◽  
Panel Unit Root

This empirical study examines the stationarity of tourism demand in Turkey in response to the effects of structural breaks, which indicate external or internal shocks based on tourist arrivals from 12 Slavic-speaking countries between 2000 and 2016. We employed a panel unit root test based on the Flexible Fourier approach, which Karul enhanced to allow gradual shifts and a smooth transition process; structural break dates come from the Carrion-i-Silvestre unit root test framework. The empirical findings indicate that there are differences in the effects of these structural breaks across the 12 countries in question.

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