ARE THE REAL GDP SERIES IN ASIAN COUNTRIES NONSTATIONARY OR NONLINEAR STATIONARY?

ARE THE REAL GDP SERIES IN ASIAN COUNTRIES NONSTATIONARY OR NONLINEAR STATIONARY?

This paper checks whether per capita real gross domestic product (GDP) series in 16 Asian countries are nonstationary or nonlinear and globally stationary during the period from 1970 to 2009, by applying the nonlinear unit root tests developed by Kapitanios, Shin and Snell (2003). In five out of the...

Full description

Bibliographic Details
Main Authors: Nurun Nahar Jannati, Nayeem Sultana, Md. Israt Rayhan
Format: Article
Language:English
Published: Russian Journal of Agricultural and Socio-Economic Sciences 2013-06-01
Series:Russian Journal of Agricultural and Socio-Economic Sciences
Subjects:
Autoregressive model; Nonlinearity; Unit root test
Online Access:http://www.rjoas.com/issue-2013-06/article_02.pdf
id doaj-669c3cba5b0b49b8887342790b1af6cb
record_format Article
spelling doaj-669c3cba5b0b49b8887342790b1af6cb2020-11-25T02:04:13ZengRussian Journal of Agricultural and Socio-Economic SciencesRussian Journal of Agricultural and Socio-Economic Sciences2226-11842013-06-01186814ARE THE REAL GDP SERIES IN ASIAN COUNTRIES NONSTATIONARY OR NONLINEAR STATIONARY?Nurun Nahar Jannati0Nayeem Sultana1Md. Israt Rayhan2University of Dhaka, Dhaka-1000, BangladeshUniversity of Dhaka, Dhaka-1000, BangladeshUniversity of Dhaka, Dhaka-1000, BangladeshThis paper checks whether per capita real gross domestic product (GDP) series in 16 Asian countries are nonstationary or nonlinear and globally stationary during the period from 1970 to 2009, by applying the nonlinear unit root tests developed by Kapitanios, Shin and Snell (2003). In five out of the sixteen countries that is approximately one-third of the countries, the series are found to be stationary with asymmetric or nonlinear mean reversion. Analyses depict that nonlinear unit root test are suitable for some cases compare to the commonly used unit root test, Augmented Dickey-Fuller (ADF) and Dickey-Fuller Generalized Least Square (DF-GLS) tests.http://www.rjoas.com/issue-2013-06/article_02.pdfAutoregressive model; Nonlinearity; Unit root test
collection DOAJ
language English
format Article
sources DOAJ
author Nurun Nahar Jannati
Nayeem Sultana
Md. Israt Rayhan
spellingShingle Nurun Nahar Jannati
Nayeem Sultana
Md. Israt Rayhan
ARE THE REAL GDP SERIES IN ASIAN COUNTRIES NONSTATIONARY OR NONLINEAR STATIONARY?
Russian Journal of Agricultural and Socio-Economic Sciences
Autoregressive model; Nonlinearity; Unit root test
author_facet Nurun Nahar Jannati
Nayeem Sultana
Md. Israt Rayhan
author_sort Nurun Nahar Jannati
title ARE THE REAL GDP SERIES IN ASIAN COUNTRIES NONSTATIONARY OR NONLINEAR STATIONARY?
title_short ARE THE REAL GDP SERIES IN ASIAN COUNTRIES NONSTATIONARY OR NONLINEAR STATIONARY?
title_full ARE THE REAL GDP SERIES IN ASIAN COUNTRIES NONSTATIONARY OR NONLINEAR STATIONARY?
title_fullStr ARE THE REAL GDP SERIES IN ASIAN COUNTRIES NONSTATIONARY OR NONLINEAR STATIONARY?
title_full_unstemmed ARE THE REAL GDP SERIES IN ASIAN COUNTRIES NONSTATIONARY OR NONLINEAR STATIONARY?
title_sort are the real gdp series in asian countries nonstationary or nonlinear stationary?
publisher Russian Journal of Agricultural and Socio-Economic Sciences
series Russian Journal of Agricultural and Socio-Economic Sciences
issn 2226-1184
publishDate 2013-06-01
description This paper checks whether per capita real gross domestic product (GDP) series in 16 Asian countries are nonstationary or nonlinear and globally stationary during the period from 1970 to 2009, by applying the nonlinear unit root tests developed by Kapitanios, Shin and Snell (2003). In five out of the sixteen countries that is approximately one-third of the countries, the series are found to be stationary with asymmetric or nonlinear mean reversion. Analyses depict that nonlinear unit root test are suitable for some cases compare to the commonly used unit root test, Augmented Dickey-Fuller (ADF) and Dickey-Fuller Generalized Least Square (DF-GLS) tests.
topic Autoregressive model; Nonlinearity; Unit root test
url http://www.rjoas.com/issue-2013-06/article_02.pdf
work_keys_str_mv AT nurunnaharjannati aretherealgdpseriesinasiancountriesnonstationaryornonlinearstationary
AT nayeemsultana aretherealgdpseriesinasiancountriesnonstationaryornonlinearstationary
AT mdisratrayhan aretherealgdpseriesinasiancountriesnonstationaryornonlinearstationary
_version_ 1724943737560236032

Similar Items