19
Views
5
CrossRef citations to date
0
Altmetric
Original Articles

Unit roots versus segmented trends in developing country output series

Pages 181-184 | Published online: 07 Oct 2010

References

  • Banerjee , A. , Lumsdaine , R. and Stock , J. H. 1992 . Recursive and sequential tests of the unit-root and trend-break hypotheses: theory and international evidence . Journal of Business and Economic Statistics , 10 : 271 – 288 .
  • Ben-David , D. and Papell , D. H. 1994 . The great wars, the great crash, and the unit root hypothesis: some new evidence about an old stylised fact , Discussion Paper No. 965 London : Centre for Economic Policy Research .
  • Campbell , J. Y. and Perron , P. 1991 . “ Pitfalls and opportunities: what macroeconomists should know about unit roots ” . In NBER Macroeconomics Annual , Edited by: Blanchard , O. J. and Fischer , S. Cambridge, MA : The MIT Press .
  • International Monetary Fund . International Financial Statistics , Washington, DC : International Monetary Fund . various issues
  • Little , I. , Cooper , R. , Corden , M. and Rajapatirana , S. 1993 . Boom and Adjustment: The Macroeconomic Experience of Developing Countries , New York : Oxford University Press for the World Bank .
  • Lutz , M. 1996 . Further evidence on the sensitivity of unit-root tests to structural breaks: an application to developing countries , Discussion Papers in Economics 02/96 Brighton, , UK : University of Sussex .
  • Nelson , C. and Plosser , C. 1982 . Trends and random walks in macroeconomic time series . Journal of Monetary Economics , 10 : 139 – 162 .
  • Perron , E . 1989 . The great crash, the oil price shock, and the unit root hypothesis . Econometrica , 57 : 1361 – 1401 .
  • Rappoport , P. and Reichlin , L. 1989 . Segmented trends and nonstationary time series . The Economic Journal , 99 : 168 – 177 .
  • United Nations . Yearbook of National Accounts Statistics , New York : United Nations . various issues
  • Zelhorst , D. and De Haan , J. 1994 . The nonstationarity of aggregate output: some additional empirical evidence . Journal of Money, Credit, and Banking , 26 : 23 – 33 .
  • Zivot , E. and Andrews , D. W. K. 1992 . Further evidence on the great crash, the oil-price shock, and the unit root hypothesis . Journal of Business and Economic Statistics , 10 : 251 – 270 .

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.