首页    期刊浏览 2025年07月18日 星期五
登录注册

文章基本信息

  • 标题:Are Per Capita Real GDP Series in African Countries Non-stationary or Non-linear? What does Empirical Evidence Reveal?
  • 本地全文:下载
  • 作者:Vasudeva N. R. Murthy ; Emmanuel Anoruo
  • 期刊名称:Economics Bulletin
  • 电子版ISSN:1545-2921
  • 出版年度:2009
  • 卷号:29
  • 期号:4
  • 页码:2492-2504
  • 出版社:Economics Bulletin
  • 摘要:This paper extends the applied time series literature in economic development, by testing whether the per capita real GDP time series in 27 African countries are non-stationary or non-linear and globally stationary over the relatively long period from 1960 to 2007. Using the non-linear unit root tests developed recently by Kapetanios, Shin and Snell (2003) the results show that in one-third of the countries, the series are stationary with non-linear mean reversion. Policy implications are indicated
国家哲学社会科学文献中心版权所有