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एकीकरण परीक्षण (जोहानसन / एंगल-ग्रेंजर)×वेक्टर एरर करेक्शन मॉडल (VECM)×
क्षेत्रअर्थमितिअर्थमिति
परिवारRegression modelRegression model
उद्भव वर्ष19881987
प्रवर्तकEngle & Granger (1987); Johansen (1988)Engle & Granger
प्रकारTime-series cointegration testMultivariate time-series model
मौलिक स्रोतJohansen, S. (1988). Statistical Analysis of Cointegration Vectors. Journal of Economic Dynamics and Control, 12(2-3), 231-254. DOI ↗Engle, R. F. & Granger, C. W. J. (1987). Co-Integration and Error Correction: Representation, Estimation, and Testing. Econometrica, 55(2), 251-276. DOI ↗
उपनामJohansen cointegration test, Engle-Granger cointegration test, long-run equilibrium test, Eşbütünleşme Testi (Johansen/Engle-Granger)vector error correction model, error correction model, cointegration model, VECM (Vektör Hata Düzeltme Modeli)
संबंधित54
सारांशThe cointegration test examines whether non-stationary time series that each contain a unit root share a stable long-run equilibrium relationship. The single-equation residual approach was introduced by Engle and Granger (1987) and the system-based rank approach by Johansen (1988).The Vector Error Correction Model is a multivariate time-series model for cointegrated series that captures both their short-run dynamics and their long-run equilibrium relationship. It was introduced by Engle and Granger in 1987 as part of the cointegration and error-correction framework.
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