In order to meet the needs of wind speed prediction in wind farms, we consider the influence of random atmospheric disturbances on wind variations. Considering a simplified fluid convection mode, a Lorenz system can be employed as an atmospheric disturbance model. Here Lorenz disturbance is...

We propose an adaptive truncated product method that facilitates the selection of the truncation point among a set of candidates. To efficiently estimate the distribution of the proposed method when the p-values are correlated, we develop a single-layer bootstrap procedure

This paper proposes three new panel unit root tests based on Zaykin et al. (2002)’s truncated product method. The first one assumes constant correlation between p-values and the latter two use sieve bootstrap that allows for general forms of cross-section dependence in the panel units. Monte...