Domingo Rodríguez Benavides , Ignacio Perrotini Hernández , Miguel Ángel Martínez García
{"title":"墨西哥共和国各州的长期增长稳定性:具有结构断裂的稳定面板的新证据","authors":"Domingo Rodríguez Benavides , Ignacio Perrotini Hernández , Miguel Ángel Martínez García","doi":"10.1016/j.inveco.2016.08.002","DOIUrl":null,"url":null,"abstract":"<div><p>In this paper, the stability of the Mexican Republic's states’ stationary state is dealt with applying a relatively new panel stationarity test including structural breaks. Such technique allows for controlling: <em>a</em>) non-observed heterogeneity of structural breaks in the trend function; <em>b</em>) cross-section dependency among units, using bootstrapping methods; and <em>c</em>) error serial correlation. Most Mexican states, according to our empirical results, exhibit heterogeneous types of breaks. Those states experiencing economic deceleration in the aftermath of structural breaks are unable to recover from adverse impacts and, thereby, will not return to their previous path of balanced economic growth.</p></div>","PeriodicalId":44170,"journal":{"name":"Investigacion Economica","volume":"75 297","pages":"Pages 73-102"},"PeriodicalIF":0.6000,"publicationDate":"2016-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.inveco.2016.08.002","citationCount":"2","resultStr":"{\"title\":\"Estabilidad del crecimiento de largo plazo en los estados de la República Mexicana: nueva evidencia de pruebas de estacionariedad en panel con rupturas estructurales\",\"authors\":\"Domingo Rodríguez Benavides , Ignacio Perrotini Hernández , Miguel Ángel Martínez García\",\"doi\":\"10.1016/j.inveco.2016.08.002\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><p>In this paper, the stability of the Mexican Republic's states’ stationary state is dealt with applying a relatively new panel stationarity test including structural breaks. Such technique allows for controlling: <em>a</em>) non-observed heterogeneity of structural breaks in the trend function; <em>b</em>) cross-section dependency among units, using bootstrapping methods; and <em>c</em>) error serial correlation. Most Mexican states, according to our empirical results, exhibit heterogeneous types of breaks. Those states experiencing economic deceleration in the aftermath of structural breaks are unable to recover from adverse impacts and, thereby, will not return to their previous path of balanced economic growth.</p></div>\",\"PeriodicalId\":44170,\"journal\":{\"name\":\"Investigacion Economica\",\"volume\":\"75 297\",\"pages\":\"Pages 73-102\"},\"PeriodicalIF\":0.6000,\"publicationDate\":\"2016-07-01\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"https://sci-hub-pdf.com/10.1016/j.inveco.2016.08.002\",\"citationCount\":\"2\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Investigacion Economica\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S0185166716300297\",\"RegionNum\":4,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q4\",\"JCRName\":\"ECONOMICS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Investigacion Economica","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0185166716300297","RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"ECONOMICS","Score":null,"Total":0}
Estabilidad del crecimiento de largo plazo en los estados de la República Mexicana: nueva evidencia de pruebas de estacionariedad en panel con rupturas estructurales
In this paper, the stability of the Mexican Republic's states’ stationary state is dealt with applying a relatively new panel stationarity test including structural breaks. Such technique allows for controlling: a) non-observed heterogeneity of structural breaks in the trend function; b) cross-section dependency among units, using bootstrapping methods; and c) error serial correlation. Most Mexican states, according to our empirical results, exhibit heterogeneous types of breaks. Those states experiencing economic deceleration in the aftermath of structural breaks are unable to recover from adverse impacts and, thereby, will not return to their previous path of balanced economic growth.
期刊介绍:
It is a specialized journal, bilingual (Spanish and English), plural and critical, which accepts and publishes scientific research articles in national and international economy. It is considered a public good that belongs to the University and society. Its vocation is to analyze the evolution of the theoretical and practical economics. In its pages the paradigms of economics, history of economic thought, the theories and debates about economic policy and its consequences, the diagnosis of the Mexican economy, the economic development of Latin America and the problems spread the world economy in general. It is a journal that does not discriminate plural none paradigm; theoretical orientation is unorthodox for epistemological reasons, not ideological preferences.