Lucke, Bernd - In: Journal of Economics and Statistics (Jahrbuecher fuer … 225 (2005) 1, pp. 60-76
The time series properties of German GDP have been re-examined in recent research. Extending the sample to include GDP data from 1950 onwards, some researchers argued in favor of a trend-stationary rather than difference stationary representation of real log GDP. I show that this conclusion is...