Droge, Bernd; Karaman Örsal, Deniz Dilan - Sonderforschungsbereich Ökonomisches Risiko <Berlin> - 2009
order one is also introduced. By means ofa Monte Carlo study the finite sample size and size-adjusted power properties of … means of
a Monte Carlo study the finite sample size and size-adjusted power properties of the test are
investigated. The … test presents reasonable size with the increase in T and N, and has high
power in small samples.
Keywords: Panel …