Mean-reverting behavior of current account in Asian countries

Lau, Evan and Ahmad Zubaidi, Baharumshah (2005) Mean-reverting behavior of current account in Asian countries. Economics Letters, 87. pp. 367-371. ISSN 0165-1765

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Abstract

This paper adopted the series specific panel unit root test of Breuer et al. [Oxford Bullet in of Economics and Statistics 64 (2002, SURADF) 527–546] to test for the mean-reverting behavior of current account for the panel of twelve Asian countries. The results illustrate that the current account s in these countries are a mixture of I(0) and I(1) process and the commonly used panel root tests could lead to misleading inferences.

Item Type: Article
Uncontrolled Keywords: Series specific panel unit root test, Mean-reverting, Current account, research, Universiti Malaysia Sarawak, unimas, university, universiti, Borneo, Malaysia, Sarawak, Kuching, Samarahan, ipta, education
Subjects: H Social Sciences > HB Economic Theory
Divisions: Academic Faculties, Institutes and Centres > Faculty of Economics and Business
Depositing User: ROSSAZANA AB RAHIM
Date Deposited: 28 Nov 2017 02:00
Last Modified: 28 Nov 2017 02:00
URI: http://ir.unimas.my/id/eprint/18572

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