Does GNP have a unit root?

James H. Stock; Mark W. Watson

doi:10.1016/0165-1765(86)90222-3

Does GNP have a unit root?

James H. Stock, Mark W. Watson

Research output: Contribution to journal › Article › peer-review

56 Scopus citations

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.

Original language	English (US)
Pages (from-to)	147-151
Number of pages	5
Journal	Economics Letters
Volume	22
Issue number	2-3
DOIs	https://doi.org/10.1016/0165-1765(86)90222-3
State	Published - 1986
Externally published	Yes

All Science Journal Classification (ASJC) codes

Finance
Economics and Econometrics

Access to Document

10.1016/0165-1765(86)90222-3

Cite this

@article{fa4380785a9d4b09b4db5617e516fefa,

title = "Does GNP have a unit root?",

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.",

author = "Stock, \{James H.\} and Watson, \{Mark W.\}",

year = "1986",

doi = "10.1016/0165-1765(86)90222-3",

language = "English (US)",

volume = "22",

pages = "147--151",

journal = "Economics Letters",

issn = "0165-1765",