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Regional Income Divergence in China
Pedroni, Peter; Yao, James Yudong - Economics Department, Williams College - 2005
that this divergence cannot be attributed to the presence of separate, regional convergence clubs divided among common …
Persistent link: https://www.econbiz.de/10008520339
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China's Regional Convergence in Panels with Multiple Structural Breaks
Matsuki, Takashi; Usami, Ryoichi - Volkswirtschaftliche Fakultät, … - 2007
This study investigates the existence of regional convergence of per capita outputs in China from 1952 …’s provincial real per capita outputs to examine the regional convergence in China. To obtain the p-values of unit root tests for … Carlo simulation. The results obtained from this study reveal that the convergence of the provincial per capita outputs …
Persistent link: https://www.econbiz.de/10005621418
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Social Capital, Barriers to Production, and Capital Shares: Implications for the Importance of Parameter Heterogeneity from a Nonstationary Panel Approach
Pedroni, Peter - Economics Department, Williams College - 2004
forecast convergence of per capita incomes even when some of the key factors required to explain growth are unobserved. The …
Persistent link: https://www.econbiz.de/10008544255
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Characterizing growth instability: New evidence on unit roots and structural breaks in long run time series
Russo, Emanuele; Foster-McGregor, Neil; Verspagen, Bart - 2019
In this paper we investigate whether long run time series of income per capita are better described by a trend-stationary model with few structural changes or by unit root processes in which permanent stochastic shocks are responsible for the observed growth discontinuities. To this purpose, we...
Persistent link: https://www.econbiz.de/10012389304
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Characterizing growth instability : new evidence on unit roots and structural breaks in long run time series
Russo, Emanuele; Foster-McGregor, Neil; Verspagen, Bart - 2019
In this paper we investigate whether long run time series of income per capita are better described by a trend-stationary model with few structural changes or by unit root processes in which permanent stochastic shocks are responsible for the observed growth discontinuities. To this purpose, we...
Persistent link: https://www.econbiz.de/10012098522
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Effects of Trade on Growth in Nigeria’s Open Economy: Econometric Analysis - Effetti del commercio internazionale sulla crescita della Nigeria: un’analisi econometrica
Tombofa, Stephen S.; Karimo, Tamarauntari M. - In: Economia Internazionale / International Economics 67 (2014) 4, pp. 517-529
This study attempted to quantify the relationship between international trade and overall economic performance in Nigeria. Specifically, this study examined the correlation between economic growth and each of export performance and import penetration, as well as the effect of export performance,...
Persistent link: https://www.econbiz.de/10011165625
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Testing for unit roots in nonlinear dynamic heterogeneous panels
He, Changli; Sandberg, Rickard - 2005
In this paper we present a unit root test against a nonlinear dynamic heterogenous panel with each cross section modelled as an LSTAR model. All parameters are viewed as cross section specific. We allow for serially correlated residuals over time and heterogenous variance among cross sections....
Persistent link: https://www.econbiz.de/10010281273
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Inference for unit roots in a panel smooth transition autoregressive model where the time dimension is fixed
He, Changli; Sandberg, Rickard - 2005
In this paper we derive a unit root test against a Panel Logistic Smooth Transition Autoregressive (PLSTAR). The analysis is concentrated on the case where the time dimension is fixed and the cross section dimension tends to infinity. Under the null hypothesis of a unit root, we show that the...
Persistent link: https://www.econbiz.de/10010281305
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Testing for unit roots in panels with structural changes, spatial and temporal dependence when the time dimension is finite
Karavias, Yiannis; Tzavalis, Elias - Granger Centre for Time Series Econometrics, School of …
Finite T panel data unit root tests allowing for structural breaks, spatial cross section dependence, heteroscedasticity, serial correlation, heterogeneity and non-linear trends are proposed. The structural breaks can be at known or unknown dates. For the latter, analytic probability density...
Persistent link: https://www.econbiz.de/10010930550
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Generalized �Fixed-T Panel Unit Root Tests Allowing for Structural Breaks
Karavias, Yiannis; Tzavalis, Elias - Volkswirtschaftliche Fakultät, … - 2012
In this paper we suggest panel data unit root tests which allow for a structural breaks in the individual effects or linear trends of panel data models. This is done under the assumption that the disturbance terms of the panel are heterogeneous and serially correlated. The limiting distributions...
Persistent link: https://www.econbiz.de/10011260594