Genc, Ismail H; Darayseh, Musa; AbuAl-Foul, Bassam - In: Journal of Developing Areas 45 (2011) Single, pp. 19-33
In this paper we attempt to determine whether the per capita real incomes of GCC countries are trend or difference stationary. The distinction is crucial for at least three reasons: first pertains to forecasting; while a trend stationary series tends to return to its long run steady state...