Testing for unit root in nonlinear heterogeneous panels

Uçar, NuriOmay, Tolga2016-05-032016-05-032009Uçar, N., Omay, T. (2009). Testing for unit root in nonlinear heterogeneous panels. Economics Letters, 104(1), 5-8. http://dx.doi.org/10.1016/j.econlet.2009.03.0180165-1765http://hdl.handle.net/20.500.12416/967We develop unit root tests for nonlinear heterogeneous panels where the alternative hypothesis is an exponential smooth transition (ESTAR) model, and provide their small sample properties. We apply our tests for investigating the income convergence hypothesis in the OECD sampleeninfo:eu-repo/semantics/closedAccessNonlinearPanel Unit RootSieve BootstrapJEL ClassificationC12C22O47Testing for unit root in nonlinear heterogeneous panelsTesting for Unit Root in Nonlinear Heterogeneous PanelsArticle10415810.1016/j.econlet.2009.03.018