In the light of tightening budget constraints caused by the recent financial and economic crisis and population ageing, it has become increasingly important to explore which portfolio of public expenditure generates economic growth. This article, therefore, estimates the growth effects of the...

This paper considers a mean shift with a unknown change point in α-mixing processes with κ stable innovations and estimates the unknown change point by the robust nonparametric CUSUM estimator based on the indicators of the data minus the sample median. The strong convergence rate of the...