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Test de robustesa de límits ARDL per a la cointegració×Test de Cointegració de Johansen i Model de Correcció d'Errors Vectorial×
CampEconometriaFinances
FamíliaRegression modelRegression model
Any d'origen20191991
Autor originalSam, McNown & GohSøren Johansen
TipusCointegration testMultivariate cointegration / vector error correction model
Font seminalSam, C. Y., McNown, R., & Goh, S. K. (2019). An augmented autoregressive distributed lag bounds test for cointegration. Economic Modelling, 80, 130-141. DOI ↗Johansen, S. (1991). Estimation and Hypothesis Testing of Cointegration Vectors in Gaussian Vector Autoregressive Models. Econometrica, 59(6), 1551-1580. DOI ↗
ÀliesRobust ARDL, Robust bounds testing approach, Sam-McNown-Goh bounds test, Bootstrap ARDL bounds testJohansen test, VECM, vector error correction model, multivariate cointegration
Relacionats33
ResumThe Robust ARDL bounds test is an augmented version of the Pesaran-Shin-Smith (2001) ARDL bounds testing approach that resolves its two key weaknesses: size distortion under mixed integration orders and the degenerate-case problem. It introduces three separate test statistics — an overall F-test and two new Wald statistics for the dependent and independent variables — evaluated against bootstrap-generated critical values.The Johansen procedure is a multivariate cointegration framework, introduced by Søren Johansen in 1991, that tests for long-run equilibrium relationships among several I(1) time series. It determines how many cointegrating vectors link the series and then builds a Vector Error Correction Model (VECM) to describe the short-run dynamics around that equilibrium.
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