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Persistent link: https://www.econbiz.de/10001607086
In this paper the seasonal unit root test of Hylleberg et al. (1990) is generalized to cover a heterogenous panel. The procedure follows the work of Im, Pesaran and Shin (2002). Test statistics are proposed and critical values are obtained by simulations. Moreover, the properties of the tests...
Persistent link: https://www.econbiz.de/10010263471
Persistent link: https://www.econbiz.de/10003932880
Persistent link: https://www.econbiz.de/10002137279
In this paper the seasonal unit root test of Hylleberg et al. (1990) is generalized to cover a heterogenous panel. The procedure follows the work of Im, Pesaran and Shin (2002). Test statistics are proposed and critical values are obtained by simulations. Moreover, the properties of the tests...
Persistent link: https://www.econbiz.de/10005426795