Minimum Lagrange Multiplier Unit Root Test with Two Structural Breaks
By Junsoo Lee, Mark Strazicich. Review of Economics and Statistics, 2003
2,346 citations recorded by the source corpus.
Subfields: Economics and Econometrics, Finance
View Paper: https://www.semanticscholar.org/paper/0829c29c1e564730208c44db0154b4f84c546bb2
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Economics and Econometrics
- Muhammad Shahbaz
- Ilhan Ozturk
- Sakiru Adebola Solarin
- Paresh Kumar Narayan
- Rangan Gupta
- Aviral Kumar Tiwari
- Avik Sinha
- George Filis
In Finance
- Muhammad Shahbaz
- Sakiru Adebola Solarin
- Paresh Kumar Narayan
- Rangan Gupta
- Junsoo Lee
- Mohamed Amine Boutabba
- Serdar Ongan
- C. Işık
Citations in the corpus
- Is the tourism-led growth hypothesis valid after the global economic and financial crisis? The case of Spain 1957–2014 (2017, methodology): “In []: Lee and Strazicich (2003, 2004) based on 49 observations.”
- The ARDL Method in the Energy-Growth Nexus Field; Best Implementation Strategies (2019, methodology): “…is performed with a long array of tests such as for example the augmented Dickey Fuller (ADF) and the Kwiatkowski–Phillips–Schmidt–Shin (KPSS), the Phillips–Perron (PP), the Ng–Perron test, the cross-sectional augmented IPS-CIPS (Pesaran 2007), the LS (Lee and Strazicich 2003), and many others.”
- Volatility spillovers and cross-hedging between gold, oil and equities: Evidence from the Gulf Cooperation Council countries (2017, neutral): “In order to test for structural breaks we conduct a unit root test that accounts for multiple breaks in the series as in Lee and Strazicich (2003) and Lee et al. (2012), and report our findings in Table 3.”
- The impact of economic development on environmental degradation in Qatar (2016, methodology): “Table 5 Lee and Strazicich’s (2003) unit root tests with two structural breaks Level First difference Crash Model Crash model Break date t stat Break date t stat lnEF 1996–2001 −3.”
- The flexible Fourier form and Dickey–Fuller type unit root tests (2012, background): “Nevertheless, papers such as Lee and Strazicich (2003) do not consider more than two structural breaks since a test with many endogenous breaks is not likely to have much power.”