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A Monte Carlo comparison of panel unit root tests under factor structure

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  • J. H. Lin
  • Yi Hu
  • M. J. Wang
  • X. H. Xia

Abstract

This article investigates and compares, through Monte Carlo experiments, the finite sample sizes and powers of the proposed ‘second-generation’ Panel Unit Root Tests (PUTs) under the strict and approximate factor structures, respectively.

Suggested Citation

  • J. H. Lin & Yi Hu & M. J. Wang & X. H. Xia, 2013. "A Monte Carlo comparison of panel unit root tests under factor structure," Applied Economics Letters, Taylor & Francis Journals, vol. 20(3), pages 288-291, February.
    • Handle: RePEc:taf:apeclt:v:20:y:2013:i:3:p:288-291
    DOI: 10.1080/13504851.2012.695067
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    Cited by:

    1. Yi Hu & Dongmei Guo & Mingxi Wang & Xi Zhang & Shouyang Wang, 2015. "The Relationship between Energy Consumption and Economic Growth: Evidence from China’s Industrial Sectors," Energies, MDPI, vol. 8(9), pages 1-15, August.

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