The article applies the LM univariate unit root test recently developed by Lee and Strazicich (2003, 2004) to re-examine the validity of trend stationary in the inflation rates of 11 OECD and Asian countries using a longer span of historical data. Our empirical findings are favourable to the...

The secularization thesis is based on the idea that a country becomes more secular as it becomes richer and more industrialized. In order to investigate whether this hypothesis is valid, we examine the relationship between religion in Taiwan and economic development across 23 counties by...