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IS Per Capita Real GDP Stationary in China¡H Evidence Based on A Panel SURADF Approach

Author

Listed:
  • Chi-Wei Su

    (Department of Finance, Providence University, Taichung, Taiwan)

  • Yi-Sung Huang

    (Southwestern University of Finance and Economics, and Ling Tung University, Taichung, Taiwan)

  • Peirchyi Lii

    (Department of Management Sciences, Tamkang University, Taipei, Taiwan)

  • Ning-Jun Zhang

    (Dean of School of Business Administration, Southwestern University of Finance and Economics)

Abstract

In this study we use newly developed Panel SURADF tests of the Breuer et al., (2001) to investigate the time-series properties of 25 Chinese provinces¡¦ per capita real GDP for the 1952-1998 period. While the other Panel-based unit root tests are joint tests of a unit root for all members of the panel and are incapable of determining the mix of I(0) and I(1) series in the panel setting, the Panel SURADF tests a separate unit-root null hypothesis for each individual panel member and, therefore identifies how many and which series in the panel are stationary processes. The empirical results indicate that for all the provinces studied per capita real GDP are non-stationary, except Hebei, Jeilongjiang, Qinghai and Shaanxi when Breuer et al.¡¦s (2001) Panel SURADF tests are conducted.

Suggested Citation

  • Chi-Wei Su & Yi-Sung Huang & Peirchyi Lii & Ning-Jun Zhang, 2007. "IS Per Capita Real GDP Stationary in China¡H Evidence Based on A Panel SURADF Approach," Economics Bulletin, AccessEcon, vol. 3(31), pages 1-12.
    • Handle: RePEc:ebl:ecbull:eb-07c30037
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    References listed on IDEAS

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    Cited by:

    1. Dogru, Bülent, 2015. "Is Per Capıta Real GDP Stationary in High Income OECD Countrıes? Evidence from Panel Unıt Root Test With Multiple Structural Breaks," MPRA Paper 63856, University Library of Munich, Germany.
    2. doğru, bülent, 2013. "Are Output Fluctuations Transitory in the MENA Region?," MPRA Paper 49080, University Library of Munich, Germany.
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    4. K. Suresh & Aviral Tiwari, 2013. "Are Shocks to Real Output Permanent or Transitory? Evidence from a Panel of “Asean” Per Capita GDP Data," Transition Studies Review, Springer;Central Eastern European University Network (CEEUN), vol. 20(2), pages 149-157, October.

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