Reflections on "Testing for Unit Roots in Heterogeneous Panels"

This article is our personal perspective on the IPS test and the subsequent developments of unit root and cointegration tests in dynamic panels with and without cross-section dependence. In this note, we discuss the main idea behind the test and the publication process that led to Im, Pesaran and Shin (2003).

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Year of publication:	2023
Authors:	Im, Kyung So ; Pesaran, M. Hashem ; Shin, Yongcheol
Publisher:	Munich : Center for Economic Studies and ifo Institute (CESifo)
Subject:	Dickey and Fuller statistic \| stationarity \| panel unit root tests \| prevalence of unit roots

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Series:	CESifo Working Paper ; 10228
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	1832567907 [GVK] hdl:10419/271872 [Handle] RePec:ces:ceswps:_10228 [RePEc]
Classification:	C01 - Econometrics ; C23 - Models with Panel Data
Source:	EconStor

Persistent link: https://www.econbiz.de/10014290138