Is per capita real GDP stationary in the D-8 countries? Evidence from a panel unit root test
Küçük Resim Yok
Tarih
2019
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Peter Lang AG
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
Real GDP per capita is one of the most important indicators of the wealth of nations. Hence, it is very important for economist and political decision makers to determine whether the real GDP per capita has a trend stationary or a difference stationary process. This study examines whether the real GDP per capita is stationary in the D8 countries between the years 1960-2014. For this purpose, BCIPS panel unit root test is used which was developed by Lee, Wu and Yang (2016) and uses fourier functions and considers multifactor structure. Empirical findings indicate that, real GDP per capita is stationary in multifactor situations in D8 countries. © Peter Lang AG 2019.
Açıklama
Anahtar Kelimeler
D8 countries, GDP per capita, Panel unit root test, Stationary
Kaynak
Selected Topics in Applied Econometrics
WoS Q Değeri
Scopus Q Değeri
N/A
