Evidence of panel stationarity from Chinese provincial and regional income
Narayan, Paresh Kumar 2008, Evidence of panel stationarity from Chinese provincial and regional income, China economic review, vol. 19, no. 2, pp. 274-286.
Attached Files
(Some files may be inaccessible until you login with your Deakin Research Online credentials)
Name
Description
MIMEType
Size
Downloads
Title
Evidence of panel stationarity from Chinese provincial and regional income
The aim of this paper is to examine whether Chinese provincial and regional real GDP and per capita real GDP are panel stationary for the period 1952–2003. We allow for multiple structural breaks based on a technique developed by Carrion-i-Silvestre et al. [Carrion-i-Silvestre, J. L., Barrio-Castro, T, D., & Lopez-Bazo, E. (2005). Breaking the panels: An application to the GDP per capita. Econometrics Journal, 8, 159–175]. Allowing for at most five structural breaks, we find that for 67% of the provinces, per capita real GDP is stationary; while we only find stationarity of real GDP for 17% of the provinces. However, when we extend the analysis to panel data models, we find statistically strong evidence of panel stationarity of Chinese provincial and regional income.
Language
eng
Field of Research
150799 Transportation and Freight Services not elsewhere classified