Title page for etd-0525113-173116


[Back to Results | New Search]

URN etd-0525113-173116
Author Nien-Wen Chen
Author's Email Address No Public.
Statistics This thesis had been viewed 5361 times. Download 1998 times.
Department Economics
Year 2012
Semester 2
Degree Master
Type of Document
Language zh-TW.Big5 Chinese
Title The Stationarity of Real GDP with Smooth Breaks:Evidence from OECD Countries
Date of Defense 2013-06-19
Page Count 54
Keyword
  • OECD
  • cross-sectional dependence
  • real GDP
  • panel unit root test
  • smooth breaks
  • Abstract Real GDP levels, including real GDP and real GDP per capita, if we can estimate their long-run trends correctly, it will be able to provide an important reference for government policy. This paper applies two univariate unit root tests and six panel unit root tests for real GDP and real GDP per capita in 20 and 23 OECD countries, and seven tests of them generally point out that real GDP levels both have a unit root. The results are consistent with earlier research without structural breaks.
    Because of the active international trade and economic activities, we apply the panel unit root test with cross-sectional dependence and heterogeneous smooth breaks, proposed by Lee and Wu (2012), to an empirical analysis of OECD real GDP levels. Our results conclude that both of real GDP and real GDP per capita (Laspeyres and Chain Series) reject the null hypothesis that each of them has a unit root.
    Advisory Committee
  • Ming-Jang Weng - chair
  • Tzu-Wei Wang - co-chair
  • Ching-Nun Lee  - advisor
  • Files
  • etd-0525113-173116.pdf
  • indicate access worldwide
    Date of Submission 2013-06-25

    [Back to Results | New Search]


    Browse | Search All Available ETDs

    If you have more questions or technical problems, please contact eThesys