Gallegati, Mauro; Mignacca, Domenico - In: Applied Economics Letters 2 (1995) 11, pp. 422-427
In this paper we enquire if nonlinear or linear models produce iid residuals using the BDS test for the G7 industrial production series. We found that nonlinear models produce iid residual for the USA, and evidence of NL are also detected for Canada and Germany, while Japanese data does not...
