Article ID Journal Published Year Pages File Type
5061509 Economics Letters 2009 4 Pages PDF
Abstract
We develop unit root tests for nonlinear heterogeneous panels where the alternative hypothesis is an exponential smooth transition (ESTAR) model, and provide their small sample properties. We apply our tests for investigating the income convergence hypothesis in the OECD sample.
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Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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Testing for unit root in nonlinear heterogeneous panels
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