Zeren F.Işlek H.2024-08-042024-08-04201997836317957059783631795712https://hdl.handle.net/11616/92362Real 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.eninfo:eu-repo/semantics/closedAccessD8 countriesGDP per capitaPanel unit root testStationaryBook Chapter67862-s2.0-85113858618N/A