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फूरियर एंगल-ग्रेंजर कोइंटीग्रेशन टेस्ट×फूरियर एआरडीएल सीमा परीक्षण×
क्षेत्रअर्थमितिअर्थमिति
परिवारRegression modelRegression model
उद्भव वर्ष20162001-2021
प्रवर्तकEnders & Jones (2016), extending Engle & Granger (1987)Pesaran, Shin & Smith (ARDL foundation); Fourier extension by Nazlioglu and related authors
प्रकारCointegration testCointegration / bounds test
मौलिक स्रोतEnders, W., & Jones, P. (2016). Grain prices, oil prices, and multiple smooth breaks in a VAR. Studies in Nonlinear Dynamics and Econometrics, 20(4), 399–419. DOI ↗Nazlioglu, S., Gormus, A., & Soytas, U. (2021). Oil prices and monetary policy in emerging markets: structural breaks, asymmetries, and Fourier approximations. Energy Economics, 95, 105119. link ↗
उपनामFourier EG cointegration, Enders-Jones cointegration test, smooth structural break cointegration, FEGC testFourier ARDL, Fourier bounds testing, ARDL with Fourier approximation, F-ARDL cointegration test
संबंधित55
सारांशThe Fourier Engle-Granger cointegration test extends the classic two-step Engle-Granger procedure by embedding low-frequency trigonometric (Fourier) terms in the cointegrating regression. This accommodates an unknown number of smooth structural breaks in the deterministic components without specifying their dates, producing a more powerful test when long-run relationships shift gradually over time.The Fourier ARDL bounds test augments the Pesaran-Shin-Smith cointegration framework with trigonometric (Fourier) terms that capture gradual, smooth structural breaks in the data-generating process. It tests for a long-run level relationship between variables without requiring the researcher to specify the number, timing, or form of structural breaks in advance.
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  1. v1
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  3. PUBLISHED

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