This note provides extensive evidence on the persistence properties of real GDP in 17 European countries and in the US … permanent effects on the level of real GDP. This is consistent with the idea that it is the growth rate of output which is … stationary and fluctuates arounda long-run equilibrium level. Further, the degree of persistence varies across countries, with …

Product (GDP) in China by applying fractional integration and cointegration methods. These are more general than the standard … processes, and provide information about the persistence and long-memory properties of the series and thus on whether or not the …

lower real GDP permanently or whether we can expect a rebound to earlier trend levels. Using a recent quantile … autoregression unit root test we check whether shocks to real GDP have permanent or temporary effects. In contrast to earlier studies … root hypothesis at the conditional mean of GDP, but also in the tails of the distribution where the lower tail corresponds …

macro series, namely annual and quarterly real GDP and GDP per capita. The results indicate that the behaviour of US GDP can … of persistence in the data. Both appear to be mean-reverting, although the stochastic trend is nonstationary whilst the …

macro series, namely annual and quarterly real GDP and GDP per capita. The results indicate that the behaviour of US GDP can … of persistence in the data. Both appear to be mean-reverting, although the stochastic trend is nonstationary whilst the …

This paper examined the long memory features of GDP per capita data before the global financial crisis, using a sample … across the sample period for each country. The results indicated that most of the countries' GDP series were I(1) or higher …

, TARCH, NARCH, APARCH, EGARCH) to analyze quarterly time series of GDP and Government Consumption Expenditures & Gross … Literature, Limitations and Future Research, Gretl Scripts]. Additionally, I discovered a unique interaction between GDP and …, GDP responded positively and very significantly (0.00248) to GCEGI, while GCEGI reacted positively but not too …

This paper examines the relationship between the logarithms of CO2 emissions and real GDP in China by applying …