Hlouskova, Jaroslava; Wagner, Martin - In: Econometric Reviews 25 (2006) 1, pp. 85-116
This paper presents results on the size and power of first generation panel unit root and stationarity tests obtained from a large scale simulation study. The tests developed in the following papers are included: Levin et al. (2002), Harris and Tzavalis (1999), Breitung (2000), Im et al. (1997,...