Shortfalls of panel unit root testing

By Jack Strauss, Taner Yiğit. 2003

134 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Political Science and International Relations

View Paper: https://www.semanticscholar.org/paper/2c88b86f87b3d25a07fe26b8bfabeb4a84d17b91

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

1. Russell Smyth *
2. S. Sharma
3. Vinod Mishra
4. Muhammad Shahbaz
5. Paresh Kumar Narayan
6. Ilhan Ozturk
7. Perry Sadorsky
8. Sakiru Adebola Solarin

In Political Science and International Relations

1. Vinod Mishra
2. Russell Smyth *

Citations in the corpus

• Panel Unit Root Tests in the Presence of Cross-Sectional Dependence: Finite Sample Performance and an Application (2009, unknown): “though the IPS test does now over-reject the null hypothesis, conforming with our earlier evidence and that of Strauss and Yigit (2003) .”
• Second Generation Panel Unit Root Tests (2007, unknown): “This is an important issue since the application of tests belonging to the (cid:133)rst generation to series that are characterized by cross-sectional dependencies leads to size distortions and low power (Banerjee, Marcellino and Osbat, 2000, Strauss and Yigit, 2003).”
• Are fluctuations in energy consumption per capita transitory? Evidence from a panel of Pacific Island countries (2009, background): “If the data contains cross-sectional dependence across countries, it is well-recognised that these conventional panel unit root tests will show large size distortions (see O’Connell, 1998; Maddala & Wu, 1999; Strauss & Yigit, 2003; Banerjee et al., 2005).”
• Une synthèse des tests de racine unitaire sur données de panel (2005, unknown): “[71] Strauss, J.”