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- W2368604504 abstract "The fluctuations of macroeconomic variables have an important impact on macroeconomic management conducted by the government. The general unit root tests usually do not take into consideration the situation wherein macroeconomic variables are subject to major shocks which give rise to structural breaks in the time series. In such cases the validity of the econometric results would be significantly undermined. Consequently,structural breaks should be introduced into unit root test to ensure the validity of the test. In this paper,we test 16 of China's macroeconomic variables employing unit root test with structural breaks. It is found that for 15 variables the null hypothesis of unit root is accepted with general unit root test but the null hypothesis is accepted for only 7 variables when we test the unit root allowing for one structural break." @default.
- W2368604504 created "2016-06-24" @default.
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- W2368604504 date "2010-01-01" @default.
- W2368604504 modified "2023-09-23" @default.
- W2368604504 title "The Times Series Properties of China's Macroeconomic Data:An Analysis Based on Unit Root Test with Structural Breaks" @default.
- W2368604504 hasPublicationYear "2010" @default.
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