Unit Roots, Difference and Trend Stationarity, and Fractional Differencing

2019 ◽  
pp. 71-101 ◽  
Author(s):  
Terence C. Mills
Keyword(s):  
Unit Roots ◽  
Fractional Differencing

scholarly journals Panel data unit roots tests: The role of serial correlation and the time dimension

2007 ◽  
Vol 137 (1) ◽  
pp. 230-244 ◽  
Author(s):  
Stefan De Wachter ◽  
Richard D.F. Harris ◽  
Elias Tzavalis
Keyword(s):  
Panel Data ◽  
Serial Correlation ◽  
Unit Roots ◽  
Time Dimension

scholarly journals An Intersection Test for Panel Unit Roots

2012 ◽  
Vol 32 (2) ◽  
pp. 183-203 ◽  
Author(s):  
Christoph Hanck
Keyword(s):  
Unit Roots ◽  
Panel Unit Roots ◽  
Intersection Test

ON THE BREITUNG TEST FOR PANEL UNIT ROOTS AND LOCAL ASYMPTOTIC POWER

2006 ◽  
Vol 22 (06) ◽  
Author(s):  
H.R. Moon ◽  
B. Perron ◽  
P.C.B. Phillips
Keyword(s):  
Unit Roots ◽  
Asymptotic Power ◽  
Panel Unit Roots ◽  
Local Asymptotic Power

scholarly journals The Debt Overhang Hypothesis: Evidence from Pakistan

2016 ◽  
Vol 11 (1) ◽  
pp. 140-151 ◽  
Author(s):  
Muhammad Imran Shah ◽  
Irfan Ullah ◽  
Zia Ur Rahman ◽  
Nadeem Jan
Keyword(s):  
Economic Growth ◽  
Dynamic Behaviour ◽  
Negative Impact ◽  
Labour Force ◽  
External Debt ◽  
Unit Roots ◽  
Debt Overhang ◽  
Debt Burden ◽  
Long Run ◽  
Domestic Labour

AbstractThis study investigates the debt overhang hypothesis for Pakistan in the period 1960-2007. The study examines empirically the dynamic behaviour of GDP, debt services, the employed labour force and investment using the time series concepts of unit roots, cointegration, error correlation and causality. Our findings suggest that debt-servicing has a negative impact on the productivity of both labour and capital, and that in turn has adversely affected economic growth. By severely constraining the ability of the country to service debt, this lends support to the debt-overhang hypothesis in Pakistan. The long run relation between debt services and economic growth implies that future increases in output will drain away in form of high debt service payments to lender country as external debt acts like a tax on output. More specifically, foreign creditors will benefit more from the rise in productivity than will domestic producers and labour. This suggests that domestic labour and capital are the ultimate losers from this heavy debt burden.

scholarly journals Testing for Unit Roots and Cointegration in Spatial Cross-Section Data

2012 ◽  
Vol 7 (2) ◽  
pp. 203-222 ◽  
Author(s):  
Michael Beenstock ◽  
Dan Feldman ◽  
Daniel Felsenstein
Keyword(s):  
Cross Section ◽  
Unit Roots ◽  
Cross Section Data ◽  
Section Data

scholarly journals A sequential approach to testing seasonal unit roots in high frequency data

2005 ◽  
Vol 32 (6) ◽  
pp. 555-569 ◽  
Author(s):  
Paulo M.M. Rodrigues ◽  
Philip Hans Franses
Keyword(s):  
High Frequency ◽  
Unit Roots ◽  
High Frequency Data ◽  
Frequency Data ◽  
Sequential Approach ◽  
Seasonal Unit Roots
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