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푸리에 엥글-그레인저 공적분 검정×푸리에 ARDL 경계 검정×
분야계량경제학계량경제학
계열Regression modelRegression model
기원 연도20162001-2021
창시자Enders & Jones (2016), extending Engle & Granger (1987)Pesaran, Shin & Smith (ARDL foundation); Fourier extension by Nazlioglu and related authors
유형Cointegration testCointegration / bounds test
원전Enders, 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 ↗
별칭Fourier EG cointegration, Enders-Jones cointegration test, smooth structural break cointegration, FEGC testFourier ARDL, Fourier bounds testing, ARDL with Fourier approximation, F-ARDL cointegration test
관련55
요약The 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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