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The Stationarity Of Consumption-Income Ratios With Nonlinear And Asymmetric Unit Root Tests: Evidence From Fourteen Transition Economies

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  • Sadiye Baykara

    (Hacettepe University, Department of Economics)

  • Erdinç Telatar

    (Hacettepe University, Department of Economics)

Abstract

This paper analyses the stationarity properties of the consumption-income ratios for a sample of 14 transition economies by taking account of nonlinearities and asymmetries together using the unit root tests based on the TAR models. The results provide evidence in favour of the stationary consumption-income ratios for all countries.

Suggested Citation

  • Sadiye Baykara & Erdinç Telatar, 2012. "The Stationarity Of Consumption-Income Ratios With Nonlinear And Asymmetric Unit Root Tests: Evidence From Fourteen Transition Economies," Hacettepe University Department of Economics Working Papers 20129, Hacettepe University, Department of Economics.
    • Handle: RePEc:hac:hacwop:20129
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    File URL: http://www.iktisat.hacettepe.edu.tr/WP/WP-2012-9.pdf
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