Mean-reverting behavior of current account in Asian countries
This paper adopted the series specific panel unit root test of Breuer et al. [Oxford Bullet in of Economics and Statistics 64 (2002, SURADF) 527–546] to test for the mean-reverting behavior of current account for the panel of twelve Asian countries. The results illustrate that the current account s...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Elsevier B.V.
2005
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| Subjects: | |
| Online Access: | http://ir.unimas.my/id/eprint/18572/ http://ir.unimas.my/id/eprint/18572/1/lau2005.pdf |
| _version_ | 1848838541075808256 |
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| author | Lau, Evan Ahmad Zubaidi, Baharumshah |
| author_facet | Lau, Evan Ahmad Zubaidi, Baharumshah |
| author_sort | Lau, Evan |
| building | UNIMAS Institutional Repository |
| collection | Online Access |
| description | This paper adopted the series specific panel unit root test of Breuer et al. [Oxford Bullet in of Economics and Statistics 64 (2002, SURADF) 527–546] to test for the mean-reverting behavior of current account for the panel of twelve Asian countries. The results illustrate that the current account s in these countries are a mixture of I(0) and I(1) process and the commonly used panel root tests could lead to misleading inferences. |
| first_indexed | 2025-11-15T06:57:11Z |
| format | Article |
| id | unimas-18572 |
| institution | Universiti Malaysia Sarawak |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T06:57:11Z |
| publishDate | 2005 |
| publisher | Elsevier B.V. |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | unimas-185722017-11-28T02:00:47Z http://ir.unimas.my/id/eprint/18572/ Mean-reverting behavior of current account in Asian countries Lau, Evan Ahmad Zubaidi, Baharumshah HB Economic Theory This paper adopted the series specific panel unit root test of Breuer et al. [Oxford Bullet in of Economics and Statistics 64 (2002, SURADF) 527–546] to test for the mean-reverting behavior of current account for the panel of twelve Asian countries. The results illustrate that the current account s in these countries are a mixture of I(0) and I(1) process and the commonly used panel root tests could lead to misleading inferences. Elsevier B.V. 2005 Article PeerReviewed text en http://ir.unimas.my/id/eprint/18572/1/lau2005.pdf Lau, Evan and Ahmad Zubaidi, Baharumshah (2005) Mean-reverting behavior of current account in Asian countries. Economics Letters, 87. pp. 367-371. ISSN 0165-1765 http://www.sciencedirect.com/science/article/pii/S0165176505000637 doi:10.1016/j.econlet.2005.01.006 |
| spellingShingle | HB Economic Theory Lau, Evan Ahmad Zubaidi, Baharumshah Mean-reverting behavior of current account in Asian countries |
| title | Mean-reverting behavior of current account in Asian countries |
| title_full | Mean-reverting behavior of current account in Asian countries |
| title_fullStr | Mean-reverting behavior of current account in Asian countries |
| title_full_unstemmed | Mean-reverting behavior of current account in Asian countries |
| title_short | Mean-reverting behavior of current account in Asian countries |
| title_sort | mean-reverting behavior of current account in asian countries |
| topic | HB Economic Theory |
| url | http://ir.unimas.my/id/eprint/18572/ http://ir.unimas.my/id/eprint/18572/ http://ir.unimas.my/id/eprint/18572/ http://ir.unimas.my/id/eprint/18572/1/lau2005.pdf |