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Keywords: Structural break
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Journal Articles
Journal:
Journal of Forest Economics
Journal of Forest Economics (2017) 27 (1): 99–109.
Published: 01 April 2017
... market, and structural break caused by global financial crisis in 2008. To address the possible structural break, cointegration tests allowing for a deterministic shift in the level of the variables are employed, and a two-stage estimation with top-down sequential elimination algorithm is performed...
