Palm, Franz C.; Smeekes, Stephan; Urbain, Jean-Pierre - In: Journal of Econometrics 163 (2011) 1, pp. 85-104
In this paper we consider the issue of unit root testing in cross-sectionally dependent panels. We consider panels that may be characterized by various forms of cross-sectional dependence including (but not exclusive to) the popular common factor framework. We consider block bootstrap versions...