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Unit Roots Postwar Slowdowns and Long-Run Growth: Evidence from Two Structural Breaks Author info | Abstract | Publisher info | Download info | Related research | Statistics Ben-David, D.
Lumsdaine, L.R.
Papell, D.H.
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This paper provides evidence on the unit root hypothesis and long-term growth by allowing for two structural breaks. We reject unit root hypothesis for three-quarters of the countries - approximately 50% more rejections than in models that allow for only one break.
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Paper provided by Tel Aviv in its series Papers with number
33-96.
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Length: 16 pages
Date of creation: 1996Date of revision:
Handle: RePEc:fth:teavfo:33-96Contact details of provider: Postal: Israel TEL-AVIV UNIVERSITY, THE FOERDER INSTITUTE FOR ECONOMIC RESEARCH, RAMAT AVIV 69 978 TEL AVIV ISRAEL. Phone: 972-3-640-9255 Fax: 972-3-640-5815 Email: Web page: http://econ.tau.ac.il/research/foerder.asp More information through EDIRC
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Keywords: UNIT ROOTS ; ECONOMIC GROWTH ; Other versions of this item:
Find related papers by JEL classification: C20 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - General C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions
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Dan Ben-David & David H. Papell, 1997.
"Slowdowns and Meltdowns: Postwar Growth Evidence from 74 Countries ,"
NBER Working Papers
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Other versions:
Ben-David, D. & Papell, D.H., 1996.
"Slowdowns and Meltdowns: Post-War Growth Evidence from 74 Countries ,"
Papers
9-96, Tel Aviv.
Ben-David, Dan & Papell, David, 1995.
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CEPR Discussion Papers
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"Slowdowns And Meltdowns: Postwar Growth Evidence From 74 Countries ,"
The Review of Economics and Statistics ,
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[Downloadable!] (restricted) Ben-David, Dan & Papell, David H., 1995.
"The great wars, the great crash, and steady state growth: Some new evidence about an old stylized fact ,"
Journal of Monetary Economics ,
Elsevier, vol. 36(3), pages 453-475, December.
[Downloadable!] (restricted)
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Franco Bevilacqua & Adriaan van Zon, 2002.
"Random Walks and Non-Linear Paths in Macroeconomic Time Series: Some Evidence and Implications ,"
Working Papers
geewp22, Vienna University of Economics and B.A. Research Group: Growth and Employment in Europe: Sustainability and Competitiveness.
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Cuberes, David & Jerzmanowski, Michal, 2008.
"Democracy, Diversification, and Growth Reversals ,"
MPRA Paper
11646, University Library of Munich, Germany.
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Shyh-Wei Chen, 2008.
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Economics Bulletin ,
Economics Bulletin, vol. 3(2), pages 1-11.
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Valadkhani, Abbas & Layton, Allan P. & Pahlavani, Mosayeb, 2005.
"Multiple Structural Breaks in Australia's Macroeconomic Data: An Application of the Lumsdaine and Papell Test ,"
Economics Working Papers
wp05-17, School of Economics, University of Wollongong, NSW, Australia.
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Economics Working Papers
wp07-15, School of Economics, University of Wollongong, NSW, Australia.
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Cuberes, David, 2008.
"Democracy, Diversification, and Growth Reversals ,"
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VALADKHANI, A. & LAYTON, Allan P. & PAHLAVANI, M., 2005.
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ALTINAY, Galip, 2005.
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