Weighted symmetric and GLS tests for unit roots are applied to the fourteen time series tested by Nelson and Plosser in 1982. Due to the greater power of these two tests, unit roots are rejected for three to five of the series.

By evaluating the Malaysian consumption patterns, this article measures capital mobility in Malaysia with three main trading countries, namely the United States, Japan and Singapore. The results indicate that Malaysia's national consumption was fully integrated with the United States over the...