Controlling Heterogeneous Structure of Smooth Breaks in Panel Unit Root and Cointegration Testing

dc.authorscopusid 23978235900
dc.authorscopusid 56495457700
dc.contributor.author Omay, Tolga
dc.contributor.author Iren, Perihan
dc.contributor.other Economics
dc.date.accessioned 2024-07-05T15:17:12Z
dc.date.available 2024-07-05T15:17:12Z
dc.date.issued 2023
dc.department Atılım University en_US
dc.department-temp [Omay, Tolga] Atilim Univ, Ankara, Turkey; [Iren, Perihan] Zayed Univ, Abu Dhabi, U Arab Emirates en_US
dc.description.abstract This study aims to show the consequences of a restrictive homogeneity assumption of frequency in heterogeneous panel unit root and cointegration testing with Flexible Fourier Form. For this purpose, we use a simple panel unit root and residual based cointegration test with Flexible Fourier Form in a heterogeneous frequency setting using a bootstrap algorithm. The power of the test statistics and empirical analysis results indicate that failing to take into account a heterogeneous frequency may lead to misleading inferences, thereby leading to misspecified tests and erroneous conclusions concerning the stochastic behavior of the data in the panel sample. en_US
dc.identifier.citationcount 1
dc.identifier.doi 10.1007/s10614-021-10205-7
dc.identifier.endpage 265 en_US
dc.identifier.issn 0927-7099
dc.identifier.issn 1572-9974
dc.identifier.issue 1 en_US
dc.identifier.scopus 2-s2.0-85118325431
dc.identifier.startpage 233 en_US
dc.identifier.uri https://doi.org/10.1007/s10614-021-10205-7
dc.identifier.uri https://hdl.handle.net/20.500.14411/1729
dc.identifier.volume 61 en_US
dc.identifier.wos WOS:000713545900001
dc.identifier.wosquality Q2
dc.institutionauthor Omay, Tolga
dc.language.iso en en_US
dc.publisher Springer en_US
dc.relation.publicationcategory Makale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı en_US
dc.rights info:eu-repo/semantics/closedAccess en_US
dc.scopus.citedbyCount 2
dc.subject Heterogeneous fractional frequency en_US
dc.subject Flexible Fourier form en_US
dc.subject Panel unit root en_US
dc.subject Structural break en_US
dc.subject Bootstrap en_US
dc.title Controlling Heterogeneous Structure of Smooth Breaks in Panel Unit Root and Cointegration Testing en_US
dc.type Article en_US
dc.wos.citedbyCount 1
dspace.entity.type Publication
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