Testing for unit roots: México´s GDP

Testing for unit roots: México´s GDP

dc.contributoren-US
dc.contributores-ES
dc.creatorCASTILLO PONCE, RAMÓN A.
dc.creatorDÍAZ BAUTISTA, ALEJANDRO
dc.date2009-10-05
dc.date.accessioned2018-03-16T15:02:12Z
dc.date.available2018-03-16T15:02:12Z
dc.identifierhttp://ojs.unam.mx/index.php/rme/article/view/4326
dc.identifier.urihttp://repositorioslatinoamericanos.uchile.cl/handle/2250/1196305
dc.descriptionTHE DOCUMENT PRESENTS AN ANALYSIS OF THE STOCHASTIC NATURE OF THE GROSS DOMESTIC PRODUCT OF MEXICO FOR THE PERIOD 1900-2001. SEVERAL SPECIFICATIONS TO TEST FOR THE EXISTENCE OF UNIT ROOTS ARE PRESENTED. THE CONVENTIONAL TESTS, DICKEY FULLER, AUGMENTED DICKEY FULLER AND PHILLIPS PERRON, INDICATE THAT THE SERIES IS NON-STATIONARY AND INTEGRATED OF ORDER 1. THIS RESULT IS ROBUST TO THE INCLUSION OF EXOGENOUSLY AND ENDOGENOUSLY DETERMINED STRUCTURAL BREAKS. INTERESTINGLY, WHEN STRUCTURAL BREAKS ARE DETERMINED ENDOGENOUSLY, A STRUCTURAL BREAK IN 1907 IS IDENTIFIED. WE INTERPRET THIS RESULTS AS SUGGESTING THAT SETTING THE DATE OF A STRUCTURAL BREAK EX-ANTE MIGHT NOT BE THE MOST EFFICIENT PROCEDURE WHEN TESTING FOR UNIT ROOTS.en-US
dc.descriptionTHE DOCUMENT PRESENTS AN ANALYSIS OF THE STOCHASTIC NATURE OF THE GROSS DOMESTIC PRODUCT OF MEXICO FOR THE PERIOD 1900-2001. SEVERAL SPECIFICATIONS TO TEST FOR THE EXISTENCE OF UNIT ROOTS ARE PRESENTED. THE CONVENTIONAL TESTS, DICKEY FULLER, AUGMENTED DICKEY FULLER AND PHILLIPS PERRON, INDICATE THAT THE SERIES IS NON-STATIONARY AND INTEGRATED OF ORDER 1. THIS RESULT IS ROBUST TO THE INCLUSION OF EXOGENOUSLY AND ENDOGENOUSLY DETERMINED STRUCTURAL BREAKS. INTERESTINGLY, WHEN STRUCTURAL BREAKS ARE DETERMINED ENDOGENOUSLY, A STRUCTURAL BREAK IN 1907 IS IDENTIFIED. WE INTERPRET THIS RESULTS AS SUGGESTING THAT SETTING THE DATE OF A STRUCTURAL BREAK EX-ANTE MIGHT NOT BE THE MOST EFFICIENT PROCEDURE WHEN TESTING FOR UNIT ROOTS.es-ES
dc.formatapplication/pdf
dc.languagespa
dc.publisherRevista Momento Económicoes-ES
dc.relationhttp://ojs.unam.mx/index.php/rme/article/view/4326/3859
dc.sourceRevista Momento Económico; No 124 (2002)es-ES
dc.source0186-2901
dc.subjectUNIT ROOTS TESTS; STRUCTURAL BREAK; GROSS DOMESTIC PRODUCT OF MEXICOen-US
dc.subjectUNIT ROOTS TESTS; STRUCTURAL BREAK; GROSS DOMESTIC PRODUCT OF MEXICOes-ES
dc.titleTesting for unit roots: México´s GDPen-US
dc.titleTesting for unit roots: México´s GDPes-ES
dc.typeArtículos de revistas
dc.typeArtículos de revistas


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