Is per capita real GDP stationary in China? More powerful nonlinear (logistic) unit root tests

In this study, we use a more powerful nonlinear (logistic) unit root test advanced by Leybourne et al. (1998) to investigate the time-series properties of real gross domestic product for 25 Chinese provinces for the period 1952 to 1998. We strongly reject the null of unit root process for over half the provinces. These empirical results have important policy implications for China.

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Year of publication:	2010
Authors:	Chang, Tsangyao ; Ho, Yuan-Hong ; Caudill, Steven
Published in:	Applied Economics Letters. - Taylor & Francis Journals, ISSN 1350-4851. - Vol. 17.2010, 14, p. 1347-1349
Publisher:	Taylor & Francis Journals

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://ebvufind01.dmz1.zbw.eu/10008674410