PANEL UNIT ROOT TESTS - POTENTIAL AND LIMITATIONS (Panelowe testy stacjonarnosci - mozliwosci i ograniczenia)

• Authors: Strzala Krystyna
• Languages of publication: PL

Abstracts

EN

The paper aims at presenting panel unit root tests and pointing out the main similarities and differences among them. Shortfalls and potentials of PURT are discussed in a paper. Theoretical side is illustrated with the recent applications of PURT for evaluation and interpretation of economic hypothesis i.e. PPP and Feldstein-Horioka dilemma. Five PURT are considered, namely Levin, Lin (LL, 1992, 1993), Im, Pesaran and Shin (IPS, 1997), Harris and Tzavalis (HT,1999), Maddala and Wu (MW, 1999) and Hadri (H, 2000).

Keywords

EN

FELDSTEIN-HORIOKA DILEMMA; HOMOGENOUS AND HETEROGENOUS PANEL DATA; PANEL UNIT ROOT TESTS; PPP HYPOTHESES

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Główny Urząd Statystyczny
• Journal: Przegląd Statystyczny
• Year: 2009
• Volume: 56
• Issue: 1
• Pages: 56-73
• Document type: ARTICLE

Contributors

author

Strzala Krystyna

• Krystyna Strzala, Uniwersytet Gdanski, Katedra Ekonometrii, ul. Armii Krajowej 101, 81-824 Sopot, Poland

Identifiers

CEJSH db identifier

09PLAAAA070117