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 effects 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 InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 29109.
Date of creation: 19 Feb 2011
Date of revision:
GDP; Non-stationarity; panel unit root tets;
Other versions of this item:
- Kumar Tiwari, Aviral & Shahbaz, Muhammad & Shahbaz Shabbir , Muhammad, 2012. "Is Per Capita GDP Non-linear Stationary in SAARC Countries?," European Economic Letters, European Economics Letters Group, vol. 1(1), pages 1-5.
- C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-03-12 (All new papers)
- NEP-CWA-2011-03-12 (Central & Western Asia)
- NEP-FDG-2011-03-12 (Financial Development & Growth)
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