ARE THE REAL GDP SERIES IN ASIAN COUNTRIES NONSTATIONARY OR NONLINEAR STATIONARY?
This paper checks whether per capita real gross domestic product (GDP) series in 16 Asian countries are nonstationary or nonlinear and globally stationary during the period from 1970 to 2009, by applying the nonlinear unit root tests developed by Kapitanios, Shin and Snell (2003). In five out of the...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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iVolga Press
2013-06-01
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| Series: | Russian Journal of Agricultural and Socio-Economic Sciences |
| Subjects: | |
| Online Access: | http://www.rjoas.com/issue-2013-06/article_02.pdf |
| _version_ | 1797765885615669248 |
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| author | Nurun Nahar Jannati Nayeem Sultana Md. Israt Rayhan |
| author_facet | Nurun Nahar Jannati Nayeem Sultana Md. Israt Rayhan |
| author_sort | Nurun Nahar Jannati |
| collection | DOAJ |
| description | This paper checks whether per capita real gross domestic product (GDP) series in 16 Asian countries are nonstationary or nonlinear and globally stationary during the period from 1970 to 2009, by applying the nonlinear unit root tests developed by Kapitanios, Shin and Snell (2003). In five out of the sixteen countries that is approximately one-third of the countries, the series are found to be stationary with asymmetric or nonlinear mean reversion. Analyses depict that nonlinear unit root test are suitable for some cases compare to the commonly used unit root test, Augmented Dickey-Fuller (ADF) and Dickey-Fuller Generalized Least Square (DF-GLS) tests. |
| first_indexed | 2024-03-12T20:16:31Z |
| format | Article |
| id | doaj.art-669c3cba5b0b49b8887342790b1af6cb |
| institution | Directory Open Access Journal |
| issn | 2226-1184 |
| language | English |
| last_indexed | 2024-03-12T20:16:31Z |
| publishDate | 2013-06-01 |
| publisher | iVolga Press |
| record_format | Article |
| series | Russian Journal of Agricultural and Socio-Economic Sciences |
| spelling | doaj.art-669c3cba5b0b49b8887342790b1af6cb2023-08-02T01:16:53ZengiVolga PressRussian Journal of Agricultural and Socio-Economic Sciences2226-11842013-06-01186814ARE THE REAL GDP SERIES IN ASIAN COUNTRIES NONSTATIONARY OR NONLINEAR STATIONARY?Nurun Nahar Jannati0Nayeem Sultana1Md. Israt Rayhan2University of Dhaka, Dhaka-1000, BangladeshUniversity of Dhaka, Dhaka-1000, BangladeshUniversity of Dhaka, Dhaka-1000, BangladeshThis paper checks whether per capita real gross domestic product (GDP) series in 16 Asian countries are nonstationary or nonlinear and globally stationary during the period from 1970 to 2009, by applying the nonlinear unit root tests developed by Kapitanios, Shin and Snell (2003). In five out of the sixteen countries that is approximately one-third of the countries, the series are found to be stationary with asymmetric or nonlinear mean reversion. Analyses depict that nonlinear unit root test are suitable for some cases compare to the commonly used unit root test, Augmented Dickey-Fuller (ADF) and Dickey-Fuller Generalized Least Square (DF-GLS) tests.http://www.rjoas.com/issue-2013-06/article_02.pdfAutoregressive model; Nonlinearity; Unit root test |
| spellingShingle | Nurun Nahar Jannati Nayeem Sultana Md. Israt Rayhan ARE THE REAL GDP SERIES IN ASIAN COUNTRIES NONSTATIONARY OR NONLINEAR STATIONARY? Russian Journal of Agricultural and Socio-Economic Sciences Autoregressive model; Nonlinearity; Unit root test |
| title | ARE THE REAL GDP SERIES IN ASIAN COUNTRIES NONSTATIONARY OR NONLINEAR STATIONARY? |
| title_full | ARE THE REAL GDP SERIES IN ASIAN COUNTRIES NONSTATIONARY OR NONLINEAR STATIONARY? |
| title_fullStr | ARE THE REAL GDP SERIES IN ASIAN COUNTRIES NONSTATIONARY OR NONLINEAR STATIONARY? |
| title_full_unstemmed | ARE THE REAL GDP SERIES IN ASIAN COUNTRIES NONSTATIONARY OR NONLINEAR STATIONARY? |
| title_short | ARE THE REAL GDP SERIES IN ASIAN COUNTRIES NONSTATIONARY OR NONLINEAR STATIONARY? |
| title_sort | are the real gdp series in asian countries nonstationary or nonlinear stationary |
| topic | Autoregressive model; Nonlinearity; Unit root test |
| url | http://www.rjoas.com/issue-2013-06/article_02.pdf |
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