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.contributor.other 05. School of Business
dc.contributor.other 01. Atılım University
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.issn 1556-5068
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.relation.ispartof SSRN Electronic Journal
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.bip.impulseclass C5
gdc.bip.influenceclass C5
gdc.bip.popularityclass C4
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.openalex W3121818398
gdc.identifier.wos WOS:000509416800004
gdc.oaire.accesstype BRONZE
gdc.oaire.diamondjournal false
gdc.oaire.impulse 1.0
gdc.oaire.influence 2.9845322E-9
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gdc.oaire.keywords Panel unit root
gdc.oaire.keywords Cross-sectional dependence
gdc.oaire.keywords Income Distribution
gdc.oaire.keywords Asymmetry
gdc.oaire.keywords Nonlinear
gdc.oaire.keywords Nonlinear, Panel Unit Root, Asymmetry, Cross-Sectional Dependence, Sieve Bootstrap
gdc.oaire.keywords Sieve bootstrap
gdc.oaire.keywords Cross-Sectional dependence
gdc.oaire.keywords C15
gdc.oaire.keywords Econometrics
gdc.oaire.keywords C12
gdc.oaire.keywords C23
gdc.oaire.popularity 5.91767E-9
gdc.oaire.publicfunded false
gdc.oaire.sciencefields 05 social sciences
gdc.oaire.sciencefields 0502 economics and business
gdc.openalex.fwci 1.572
gdc.openalex.normalizedpercentile 0.86
gdc.opencitations.count 6
gdc.plumx.crossrefcites 6
gdc.plumx.mendeley 15
gdc.plumx.scopuscites 4
gdc.scopus.citedcount 4
gdc.wos.citedcount 6
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