In this paper we present a unit root test against a nonlinear dynamic heterogenous panel with each cross section …

In this paper we derive a unit root test against a Panel Logistic Smooth Transition Autoregressive (PLSTAR). The …, finite sample properties of the test are examined. We highlight scenarios under which the traditional panel unit root tests … by Harris and Tzavalis have inferior or reasonable power compared to our test. -- Dynamic nonlinear panel ; Smooth …

-varying efficiency ; panel data ; cement industry ; Romania …

affects growth directly. The empirical analysis is performed through GMM dynamic panel data estimations on a panel of 90 … development ; institutions ; dynamic panel data …

desired level is modeled in a panel data context. The partial adjustment type model is extended to incorporate firm- and time …-Use ; Panel Data ; Banking Industry …

In this paper we show the consequences of applying a panel unit root test when testing for a purchasing power parity …