Σύγκριση μεθόδων

	Έλεγχος Συνολομείωσης Engle-Granger για Πάνελ	Δοκιμή Συνολοκλήρωσης Engle-Granger
Πεδίο	Οικονομετρία	Οικονομετρία
Οικογένεια	Regression model	Regression model
Έτος προέλευσης	1999	1987
Δημιουργός	Pedroni (1999), extending Engle & Granger (1987)	Robert F. Engle and Clive W. J. Granger
Τύπος	Cointegration test	Cointegration test
Θεμελιώδης πηγή	Pedroni, P. (1999). Critical values for cointegration tests in heterogeneous panels with multiple regressors. Oxford Bulletin of Economics and Statistics, 61(S1), 653-670.	Engle, R. F., & Granger, C. W. J. (1987). Co-integration and error correction: Representation, estimation, and testing. Econometrica, 55(2), 251–276.
Εναλλακτικές ονομασίες	panel cointegration test, panel EG cointegration, Pedroni cointegration test, residual-based panel cointegration	EG cointegration test, Engle-Granger two-step method, residual-based cointegration test, EG test
Συναφείς	5	5
Σύνοψη	The Panel Engle-Granger cointegration test extends the classic two-step Engle-Granger procedure to panel data, allowing researchers to detect long-run equilibrium relationships among integrated variables across multiple cross-sectional units simultaneously. Pedroni (1999) developed panel statistics that pool information across units while allowing heterogeneous short-run dynamics and individual-specific intercepts and trends.	The Engle-Granger two-step method tests whether two or more non-stationary I(1) time series share a common stochastic trend — that is, whether a linear combination of them is stationary. If cointegration is confirmed, an error-correction model (ECM) can be estimated to capture both short-run dynamics and long-run equilibrium adjustment.