Does GNP have a unit root?
Economics LettersPublished 1 January 1986
James H. Stock, Mark W. Watson
Citations82
SJR quartileQ2
SJR score0.76
SNIP0.98
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Abstract
The Nelson–Plosser finding of a unit root in real U.S. GNP is re-examined using additional data sets and a new statistical test The new statistical test carries out a non-parametric correction for serial correlation.
Keywords
Decision SciencesEconomics, Econometrics and Finance
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