Lu, Maozu; Podivinsky, Jan M. - In: Econometric Reviews 22 (2003) 3, pp. 261-267
We re-evaluate Andreu and Spanos's findings in favour of trend stationarity by considering the extended Nelson-Plosser data set. This expanded (to 1988) data set includes a period of rather different behaviour compared with the original Nelson-Plosser data used by Andreou and Spanos. We find...