Economics at your fingertips  

Univariate Properties of The Korean Economic Time Series

In Choi ()

Korean Economic Review, 1993, vol. 9, 201-232

Abstract: This paper studies univariate properties of the Korean economic time series. The null hypothesis of a unit root is tested for each series by using the augmented Dickey-Fuller, Phillips-Perron and Durbin-Hausman tests. It is found that the null of a unit root cannot be rejected for most of the series. The confidence interval for the sum of AR coefficients is also calculated for each series. Most of the computed confidence intervals include 1, which coincides with the unit root test results. Some implications of the presence of a unit root for forecasting and structural regressions are discussed.

Date: 1993
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link) (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

Korean Economic Review is currently edited by Kyung Hwan Baik

More articles in Korean Economic Review from Korean Economic Association Contact information at EDIRC.
Bibliographic data for series maintained by KEA ().

Page updated 2021-10-10
Handle: RePEc:kea:keappr:ker-199312-9-1-11