We consider a class of panel tests of the null hypothesis of no cointegration and cointegration. All tests under investigation rely on single-equations estimated by least squares, and they may be residual-based or not. We focus on test statistics computed from regressions with intercept only...

We consider a class of panel tests covering tests for the null hypothesis of no cointegration as well as cointegration. All tests under investigation rely on single-equations estimated by ordinary least squares, and they may be residual-based or not. We focus on test statistics computed from...