Minimum LM Unit Root Test with One Structural Break

By Junsoo Lee, Mark Strazicich. 2004

822 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/32d7ad0fd617722dffe0c312bb6d27f1ef7a5490

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Citations in the corpus

Natural Gas Consumption and Economic Growth: The Role of Foreign Direct Investment, Capital Formation and Trade Openness in Malaysia (2015, methodology): “Starting with Models A and C of Lee and Strazicich [63], we observe that the null hypothesis of unit root cannot be rejected for any of the series in levels at the 10% level.”
A new unit root test with two structural breaks in level and slope at unknown time (2010, background): “Finding it difficult to remedy the problem of spurious rejections for ADF-type unit root tests, LS [7,8] follow a different route by proposing a minimum Lagrange multiplier (LM) unit root test, which does not suffer from spurious rejections of this kind.”
Oil price and exchange rates: A wavelet based analysis for India (2013, methodology): “To test for stationarity, we applied the LM unit root test proposed by Lee and Strazicich (2003, 2004).”
Persistence of precious metal prices: A fractional integration approach with structural breaks (2014, methodology): “Persistence can be determined by using unit root tests (e.g., Lee and Strazicich, 2003, 2004; Kapetanios et al., 2003; Bierens, 1997; Kwiatkowski et al., 1992; Phillips and Perron, 1988; Phillips, 1987).”
Time-Varying Analysis of CO2 Emissions, Energy Consumption, and Economic Growth Nexus: Statistical Experience in Next 11 Countries (2016, methodology): “The robustness of unit root analysis is tested by applying the LM unit root test developed by Lee and Strazicich (2013), with a single unknown structural break in the series3.”
Electricity consumption and real GDP causality nexus: Evidence from ARDL bounds testing approach for 11 MENA countries (2011, methodology): “Because the structural break in a time series is of great importance for the stationary analysis, we employed recently developed unit root test: Lee and Strazicich [14] two models of structural break.”
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.”
Economic growth with coal, oil and renewable energy consumption in China: Prospects for fuel substitution (2015, methodology): “6 We also employ the Lee and Strazicich (2003, 2004) tests for one and two structural breaks.”
Two-Step LM Unit Root Tests with Trend-Breaks (2012, methodology): “, ) in constructing in (10), although is not dependent on ”