Is real per capita state personal income stationary? New nonlinear, asymmetric panel-data evidence
| dc.contributor.author | Emirmahmutoglu, Furkan | |
| dc.contributor.author | Gupta, Rangan | |
| dc.contributor.author | Miller, Stephen M. | |
| dc.contributor.author | Omay, Tolga | |
| dc.contributor.other | Economics | |
| dc.date.accessioned | 2024-07-05T15:41:46Z | |
| dc.date.available | 2024-07-05T15:41:46Z | |
| dc.date.issued | 2020 | |
| dc.description | Emirmahmutoglu, Furkan/0000-0001-7358-3567; Omay, Tolga/0000-0003-0263-2258; Miller, Stephen/0000-0002-6754-0605 | en_US |
| dc.description.abstract | This paper re-examines the stochastic properties of U.S. state real per capita personal income, using new panel unit-root procedures. The new developments incorporate non-linearity, asymmetry, and cross-sectional correlation within panel-data estimation. Including nonlinearity and asymmetry finds that 43 states exhibit stationary real per capita personal income whereas including only nonlinearity produces 42 states that exhibit stationarity. Stated differently, we find that two states exhibit nonstationary real per capita personal income when considering nonlinearity, asymmetry, and cross-sectional dependence. | en_US |
| dc.identifier.doi | 10.1111/boer.12209 | |
| dc.identifier.issn | 0307-3378 | |
| dc.identifier.issn | 1467-8586 | |
| dc.identifier.scopus | 2-s2.0-85067844635 | |
| dc.identifier.uri | https://doi.org/10.1111/boer.12209 | |
| dc.identifier.uri | https://hdl.handle.net/20.500.14411/3497 | |
| dc.language.iso | en | en_US |
| dc.publisher | Wiley | en_US |
| dc.rights | info:eu-repo/semantics/openAccess | en_US |
| dc.subject | asymmetry | en_US |
| dc.subject | cross-sectional dependence | en_US |
| dc.subject | nonlinear | en_US |
| dc.subject | panel unit root | en_US |
| dc.subject | sieve bootstrap | en_US |
| dc.subject | C12 | en_US |
| dc.subject | C15 | en_US |
| dc.subject | C23 | en_US |
| dc.title | Is real per capita state personal income stationary? New nonlinear, asymmetric panel-data evidence | en_US |
| dc.type | Article | en_US |
| dspace.entity.type | Publication | |
| gdc.author.id | Emirmahmutoglu, Furkan/0000-0001-7358-3567 | |
| gdc.author.id | Omay, Tolga/0000-0003-0263-2258 | |
| gdc.author.id | Miller, Stephen/0000-0002-6754-0605 | |
| gdc.author.institutional | Omay, Tolga | |
| gdc.author.scopusid | 23027344600 | |
| gdc.author.scopusid | 18037301200 | |
| gdc.author.scopusid | 7406289288 | |
| gdc.author.scopusid | 23978235900 | |
| gdc.author.wosid | Emirmahmutoglu, Furkan/B-2267-2019 | |
| gdc.coar.access | open access | |
| gdc.coar.type | text::journal::journal article | |
| gdc.description.department | Atılım University | en_US |
| gdc.description.departmenttemp | [Emirmahmutoglu, Furkan] Ankara Haci Bayram Veli Univ, Dept Econometr, TR-06500 Besevler, Turkey; [Gupta, Rangan] Univ Pretoria, Dept Econ, ZA-0002 Pretoria, South Africa; [Miller, Stephen M.] Univ Nevada, Dept Econ, Las Vegas, NV 89154 USA; [Omay, Tolga] Atilim Univ, Dept Econ, TR-06830 Kizilcasar, Golbasi Ankara, Turkey | en_US |
| gdc.description.endpage | 62 | en_US |
| gdc.description.issue | 1 | en_US |
| gdc.description.publicationcategory | Makale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı | en_US |
| gdc.description.startpage | 50 | en_US |
| gdc.description.volume | 72 | en_US |
| gdc.description.wosquality | Q4 | |
| gdc.identifier.wos | WOS:000509416800004 | |
| gdc.scopus.citedcount | 4 | |
| gdc.wos.citedcount | 6 | |
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