WebFrom previous studies, the effects of expenditure on economic growth appear to provide mixed results. Despite this uncertainty, theory suggests that expenditure induce growth. In Kenya, economic growth has been fluctuating despite the devolved WebDownload scientific diagram Harris Tzavalis unit root test from publication: On the remittances-environment led hypothesis: Empirical evidence from BRICS economies In this paper, we ...
Harris Tzavalis unit root test Download Scientific Diagram
WebVariable statistics and unit root test results (Harris and Tzavalis (Citation 1999)). Download CSV Display Table. 2.1. Analysis of the primary market. In the first regression we explain the transaction price per square metre of housing with its lagged price, the rate of unemployment, building costs and the average wage in the enterprise sector. WebLin–Chu (2002), Harris–Tzavalis (1999), Breitung (2000; Breitung and Das2005), Im–Pesaran–Shin (2003), and Fisher-type (Choi2001) tests have as the null hypothesis … gthe sec iestors
Harris and Tzavalis Unit Root Test Findings of Dependent …
WebHarris and Tzavalis (1999, 2004), and Hadri et al. (2005)). These assumptions can not be easily relaxed in the framework of –nite T inference procedures. Despite the fact that in most microeconomic studies T is very short, there is always the possibility that the errors terms are serially correlated and/or heteroscedastic 2 WebFor that we can use the Levin-lin-ch, Harris-Tzavalis, and Breitung tests are necessary to test the unitroot in balanced panel data. According to your data you can go with the ADF and PP tests. Web(2003) and Harris et al. (2008), respectively. An important finding is that under mean stationary alternatives the local power of the Breitung-Meyer test is always higher than the local power of the Harris-Tzavalis test. This result is similar to findings in Moon et al. (2007) where they derive the power envelope of unit tests in macropanels. gthe sec with