Ying, Zheng; Dong, Chang-Rui; Chang, Hsu-Ling; Su, Chi-Wei - In: South African Journal of Economics 82 (2014) 3, pp. 392-401
In this study, we apply flexible Fourier stationary unit root test proposed by Enders and Lee (2012) to assess the non-stationary properties of the per capita real gross domestic product (GDP) for 32 African countries. We find that Fourier stationary unit root test has higher power than linear...