Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5055039 | Economic Modelling | 2012 | 7 Pages |
Abstract
⺠We examine the relevance of nonlinear panel unit root test in RER behaviors. ⺠Nonlinear test achieves lower power performance when the data is linear in nature. ⺠This posts some cautions on the general use of nonlinear panel unit root test. ⺠We develop and test a modified series-specific test for Chinese RERs. ⺠Evidence in favor of PPP hypothesis for China's four ASEAN trading partners.
Related Topics
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Authors
Chi Keung Marco Lau, Farrukh Suvankulov, Yongyang Su, Frankie Chau,