Lee, Junsoo; Strazicich, Mark C. - In: Economics Bulletin 33 (2013) 4, pp. 2483-2492
In this paper, we consider the minimum Lagrange Multiplier (LM) unit root test with one structural break in intercept and trend. This paper complements the earlier work of Lee and Strazicich (2003), who consider the minimum LM unit root test with two breaks. The asymptotic properties are...