Recursive mean adjustment for panel unit root tests

Dong Wan Shin, Seung Ho Kang, Man Suk Oh

Research output: Contribution to journalArticle

8 Citations (Scopus)

Abstract

Recursive mean adjustment is applied for the t-bar test for panel unit roots. A Monte-Carlo experiment shows that the recursively mean adjusted test has substantially greater power than the ordinarily mean adjusted test.

Original languageEnglish
Pages (from-to)433-439
Number of pages7
JournalEconomics Letters
Volume84
Issue number3
DOIs
Publication statusPublished - 2004 Sep 1

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Panel unit root tests
Monte Carlo experiment
Panel unit root

All Science Journal Classification (ASJC) codes

  • Economics and Econometrics
  • Finance

Cite this

Shin, Dong Wan ; Kang, Seung Ho ; Oh, Man Suk. / Recursive mean adjustment for panel unit root tests. In: Economics Letters. 2004 ; Vol. 84, No. 3. pp. 433-439.
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Recursive mean adjustment for panel unit root tests. / Shin, Dong Wan; Kang, Seung Ho; Oh, Man Suk.

In: Economics Letters, Vol. 84, No. 3, 01.09.2004, p. 433-439.

Research output: Contribution to journalArticle

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