Unit Roots Postwar Slowdowns and Long-Run Growth: Evidence from Two Structural Breaks.

This paper provides evidence on the unit root hypothesis and long-term growth by allowing for two structural breaks. We reject unit root hypothesis for three-quarters of the countries - approximately 50% more rejections than in models that allow for only one break.

MoreLess

Year of publication:	1996
Authors:	Ben-David, D. ; Lumsdaine, L.R. ; Papell, D.H.
Institutions:	Foerder Institute for Economic Research, Eitan Berglas School of Economics
Subject:	UNIT ROOTS \| ECONOMIC GROWTH

More details

Series:	Tel Aviv.
Type of publication:	Book / Working Paper
Notes:	16 pages
Classification:	C20 - Econometric Methods: Single Equation Models. General ; C22 - Time-Series Models
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005675364