Payne, James E.; Miller, Stephanie; Lee, Junsoo; Cho, … - In: Applied Economics 46 (2014) 11, pp. 1202-1211
This study examines the stochastic conditional convergence of sulphur dioxide (SO<sub>2</sub>) emissions using the Residual Augmented Least Squares--Lagrange Multiplier (RALS--LM) unit root test with structural breaks. This procedure allows the data to account for trend breaks and nonnormal errors that...