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Maki-yhteisintegraatiotesti×Poikkileikkaus-ARDL×
TieteenalaEkonometriaEkonometria
MenetelmäperheRegression modelRegression model
Syntyvuosi20122006
KehittäjäDarshana MakiPesaran and colleagues
TyyppiStructural-break testDynamic panel model
AlkuperäislähdeMaki, D. (2012). Tests for cointegration allowing for an unknown number of breaks. Economic Modelling, 29(5), 2011-2015. DOI ↗Pesaran, M. H., & Smith, R. (2016). Testing weak cross-sectional dependence in large panels. Econometric Reviews, 34(6-10), 1089-1117. link ↗
RinnakkaisnimetStructural-break cointegration testPanel ARDL with cross-sectional dependence
Liittyvät33
TiivistelmäThe Maki cointegration test extends cointegration testing to allow for an unknown number of endogenously-determined structural breaks in the cointegrating relationship. Introduced by Maki (2012), it builds on Gregory and Hansen (1996), enabling detection of cointegration even when relationships shift due to policy changes, institutional reforms, or fundamental regime shifts. This is essential for applied time-series work where structural change is common.CS-ARDL (Cross-Sectional ARDL) applies the ARDL framework to panel data while explicitly accounting for cross-sectional dependence—correlation of shocks and relationships across units (countries, firms, regions). Introduced by Pesaran and colleagues (2016), it extends panel ARDL methods to handle common factors or global shocks affecting all units simultaneously. This is crucial for realistic modeling of internationally integrated economies and firm networks.
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ScholarGateVertaile menetelmiä: Maki Cointegration Test · CS-ARDL. Haettu 2026-06-18 osoitteesta https://scholargate.app/fi/compare