Is the consumption-income ratio stationary in African countries? Evidence from new time series tests that allow for structural breaks
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DOI: 10.1080/00036846.2018.1441515
Abstract: ABSTRACT This article examines whether the consumption-income ratio is stationary in 50 African countries. We use the residual augmented least squares (RALS-LM) unit root test that allows for structural breaks. The empirical evidence shows that… read more here.
Keywords: ratio stationary; consumption income; african countries; income ratio ... See more keywords