Finite-sample distribution of a recursively mean-adjusted panel data unit root test
In this paper, we investigate the finite-sample distribution of the recursively mean-adjusted panel data unit root test of Shin et al. [Shin, D. W., Kang, S. and Oh, M.-S., 2004, Recursive mean adjustment for panel unit root tests. Economics Letters, 84, 433-439.]. More precisely, we provide response surface parameters that can be used to calculate small-sample critical values for the test. Furthe
