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Une synthèse des tests de racine unitaire sur données de panel

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  • Christophe Hurlin
  • Valérie Mignon

Abstract

Our article presents an overview of panel unit-root tests. There are two major trends in this research area. First, since the late 1990s, the workonpanelunit-roottests aimstotake accountofheterogeneityindynamic propertiesofseries.Second, attemptshaverecentlybeenmadetointroduceadichotomy betweentwogenerationsof tests.Thefirstgenerationisbased on the hypothesis of independence between units. In contrast, the second-generation tests are characterized by the rejection of the cross-sectional independence hypothesis. Our survey discusses both generations of tests.

Suggested Citation

  • Christophe Hurlin & Valérie Mignon, 2005. "Une synthèse des tests de racine unitaire sur données de panel," Economie & Prévision, La Documentation Française, vol. 0(3), pages 253-294.
  • Handle: RePEc:cai:ecoldc:ecop_169_0253
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