More powerful panel data unit root tests with an application to mean reversion in real exchange rates
More powerful panel data unit root tests with an application to mean reversion in real exchange rates
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更强大的面板数据单位根测试以及实际汇率均值回归的应用程序
DOI：
10.1002/jae.723
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发表时间：
2004
影响因子：
2.1
通讯作者：
P. Newbold
中科院分区：
文献类型：
--
作者：
L. Smith;S. Leybourne;Tae;P. Newbold
寻求平均值或趋势反向的单位测试经常应用于面板数据。 - 怀疑个人小组成员之间相当一般的相关性。
Unit root tests, seeking mean or trend reversion, are frequently applied to panel data. We show that more powerful variants of commonly applied tests are readily available. Moreover, power gains persist when the modifications are applied to bootstrap procedures that may be employed when cross-correlation of a rather general sort among individual panel members is suspected. Copyright © 2004 John Wiley & Sons, Ltd.