Is Per Capita GDP Non-linear Stationary in SAARC Countries?
AbstractUsing data for SAARC region, we found real GDP per capita is nonlinear stationary implying that shocks to economy by economic policies (external or internal) have permanent effect on real per capita GDP of SAARC countries. This finding reveals that classical growth model works better to boost economic growth in long run.
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Bibliographic InfoArticle provided by European Economics Letters Group in its journal European Economic Letters.
Volume (Year): 1 (2012)
Issue (Month): 1 ()
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Other versions of this item:
- Tiwari, Aviral & Shahbaz, Muhammad & Shabbir, Muhammad, 2011. "Is per capita GDP non-linear stationary in SAARC countries?," MPRA Paper 29109, University Library of Munich, Germany.
- C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models
- F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
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