Missing data or missing values are a common phenomenon in applied panel data research and of great interest for panel data unit root testing. The standard approach in the literature is to balance the panel by removing units and/or trimming a common time period for all units. However, this...

We investigate for human capital threshold effects on economic growth dealing with the issue of endogeneity of the threshold variable. We consider two measures of human capital: (i) the education level and (ii) an extended measure of it accounting for the health level. We provide clear-cut...

In this paper a Bayesian approach to unit root testing for panel data models is proposed based on the comparison of stationary autoregressive models with and without individual determinist trends, with their counterpart models with unit autoregressive roots. This is done under cross-sectional...