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Some cautions on the use of panel methods for integrated series of macroeconomic data

  • Published:2004-11-25 Issue:2 Volume:7 Page:322-340
  • ISSN:1368-4221
  • Container-title:The Econometrics Journal
  • language:en
  • Short-container-title:

Author:

Banerjee Anindya1,Marcellino Massimiliano2,Osbat Chiara3

Affiliation:

1. Department of Economics, European University Institute, 50133 Florence, Italy 
E‐mail: anindya.banerjee@iue.it

2. IEP—Bocconi University, IGIER and CEPR, 20136 Milan, Italy

3. Department of Economics, European University Institute, 50133 Florence, Italy; European Central Bank

Publisher

Oxford University Press (OUP)

Subject

Economics and Econometrics

Reference28 articles.

1. A PANIC attack on unit roots and cointegration;Bai;Econometrica,2004

2. Testing for PPP: Should we use panel methods?;Banerjee;Empirical Economics,2004

3. Testing the purchasing power parity in panel data;Chiu;International Review of Economics and Finance,2004

4. Production in the Indian manufacturing sector: a panel data analysis;Dembla;Indian Economic Review,2000

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