Narayan, Paresh Kumar; Popp, Stephan - Deakin University, Faculty of Business and Law, School … - 2011
In this paper, we compare the small sample size and power properties of a newly developed endogenous structural break unit root test of Narayan and Popp (NP, 2010) with existing two break unit root tests, namely the Lumsdaine and Papell (LP, 1997) and the Lee and Strazicich (LS, 2003) tests. In...