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We discuss the implications of these results for some of the uses of unit root tests in applied work.<\/jats:p>","DOI":"10.1002\/jae.3950070306","type":"journal-article","created":{"date-parts":[[2007,7,12]],"date-time":"2007-07-12T16:49:32Z","timestamp":1184258972000},"page":"295-308","source":"Crossref","is-referenced-by-count":89,"title":["The relationship between power and level for generic unit root tests in finite samples"],"prefix":"10.1002","volume":"7","author":[{"given":"Stephen R.","family":"Blough","sequence":"first","affiliation":[],"role":[{"vocabulary":"crossref","role":"author"}]}],"member":"311","published-online":{"date-parts":[[2006,11,7]]},"reference":[{"key":"e_1_2_1_2_1","doi-asserted-by":"publisher","DOI":"10.1016\/0304-3932(81)90040-4"},{"key":"e_1_2_1_3_1","unstructured":"Blough S. R. (1991a) \u2018Near observational equivalence of unit root and stationary processes: theory and implications\u2019. 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(1991b) \u2018Whatshouldmacroeconomists know about unit roots?\u2019 NBER Macroeconomics Annual 201\u2013210.","DOI":"10.1086\/654164"},{"key":"e_1_2_1_10_1","doi-asserted-by":"publisher","DOI":"10.2307\/1913236"},{"key":"e_1_2_1_11_1","volume-title":"Introduction to Statistical Time Series","author":"Fuller W. A.","year":"1976"},{"key":"e_1_2_1_12_1","doi-asserted-by":"publisher","DOI":"10.1016\/0304-4076(74)90034-7"},{"key":"e_1_2_1_13_1","doi-asserted-by":"publisher","DOI":"10.1093\/biomet\/76.1.49"},{"key":"e_1_2_1_14_1","doi-asserted-by":"publisher","DOI":"10.1016\/0304-3932(82)90012-5"},{"key":"e_1_2_1_15_1","unstructured":"Pantula S. (1988). \u2018Asymptotic distributions of the unit root tests when the process is nearly stationary\u2019. Unpublished manuscript North Carolina State University."},{"key":"e_1_2_1_16_1","unstructured":"Pantula S.andA. Hall (1989). \u2018Testing for unit roots in autoregressive moving average models: an instrumental variables approach\u2019. 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