He, Changli (contributor); Sandberg, Rickard (contributor) - 2005 - [Elektronische Ressource]
In this paper we present a unit root test against a nonlinear dynamic heterogenous panel with each cross section … to the Im, Pesaran, and Shin t-type of test. We also show clear improvements in power compared to a univariate unit root … test allowing for nonlinearities under the alternative hypothesis. -- Dynamic nonlinear heterogenous panels ; Structural …