Transition Modeling and Econometric Convergence Tests

By Peter C. B. Phillips, Donggyu Sul. 2007

1,394 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/81143e2bfc228fece86867c0fe9ef0a4f7c09ca1

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In Economics and Econometrics

Citations in the corpus

Identifying Latent Structures in Panel Data (2016, background): “Phillips and Sul (2007b) provide explicit asymptotic bias formulae for linear dynamic panel regression estimators where the models may or may not exhibit unit roots, incidental trends, exogenous regressors, and cross section dependence, all of which lead to different formulae.”
Testing for Common Trends in Semiparametric Panel Data Models with Fixed Effects, forthcoming (2012, background): “But there is also work on evaporating trends (Phillips, 2007) and econometric convergence testing (Phillips and Sul, 2007, 2009).”
BUSINESS CYCLES, TREND ELIMINATION, AND THE HP FILTER (2020, background): “Vf,2(1) <∞ so that (56) holds, which leads to (57) and the HP filter is consistent for the stochastic trend B (r) whenever λ = o (n).”
What Remains of Cross-Country Convergence? (2018, background): “Phillips and Sul (2007a) develop a clustering algorithm designed to divide the countries in a data set into groups less heterogeneous than the sample as a whole and then to test for convergence within groups using the method described above.”
Convergence and club convergence of CO2 emissions at state levels: A nonlinear analysis of the USA (2020, methodology): “In the next step, we adopted Club convergence approach Phillips and Sul (2007) and identified 27 club members.”
Grouped Patterns of Heterogeneity in Panel Data (2015, background): “None of these two papers allows for time-varying unobserved heterogeneity.7 7Group models and clustering approaches have also been used to search for “convergence clubs” in the empirical growth literature; see for example Canova (2004), and Phillips and Sul (2007).”
Regional Convergence Clubs in Europe: Identification and Conditioning Factors (2012, methodology): “…of literature has emerged concerning the identification of convergence clubs via endogenized grouping, that is, by leaving factors unspecified that are responsible for the appearance of multiple steady states (e.g., Bernard and Durlauf, 1995; Hobijn and Franses, 2000; Phillips and Sul, 2007).”