Fractional Integration Versus Structural Change: Testing the Convergence of $$\hbox {CO}_{2}$$ CO 2 Emissions
نویسندگان
چکیده
منابع مشابه
Testing for Fractional integration versus short memory with trends and structural breaks
Although it is commonly accepted that most macroeconomic variables are nonstationary, it is often difficult to identify the source of the nonstationarity. As is well-known, integrated processes and short memory models with trending components, possibly affected by structural breaks, imply similar features in the data and, accordingly, are hard to distinguish. The goal of this paper is to extend...
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Financial support from ESRC grant number L116251013, Macroeconomic Modelling and Policy Analysis in a Changing Word is gratefully acknowledged. The usual disclaimer applies. Seasonal roots can help to explain the seasonal fluctuations in macroeconomic time series. In this paper we concentrate on monthly data and look at different versions of Robinson's (1994) tests for testing unit roots and ot...
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ژورنال
عنوان ژورنال: Environmental and Resource Economics
سال: 2017
ISSN: 0924-6460,1573-1502
DOI: 10.1007/s10640-017-0190-z