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.

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Title Evidence of panel stationarity from Chinese provincial and regional income
Author(s) Narayan, Paresh Kumar
Journal name China economic review
Volume number 19
Issue number 2
Start page 274
End page 286
Publisher Elsevier
Place of publication Amsterdam, The Netherlands
Publication date 2008-06
ISSN 1043-951X
1873-7781
Keyword(s) chinese provinces
panel stationarity
real GDP
Summary 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
HERDC Research category C1.1 Refereed article in a scholarly journal
HERDC collection year 2008
Copyright notice ©2008, Elsevier Inc.
Persistent URL http://hdl.handle.net/10536/DRO/DU:30017257

Document type: Journal Article
Collection: School of Accounting, Economics and Finance
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