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비선형 요한센 공적분 검정×요한센 공적분 검정 및 벡터 오차 수정 모형×
분야계량경제학재무학
계열Regression modelRegression model
기원 연도20011991
창시자Breitung (2001), building on Johansen (1988, 1991)Søren Johansen
유형Nonparametric rank-based cointegration testMultivariate cointegration / vector error correction model
원전Breitung, J. (2001). Rank tests for nonlinear cointegration. Journal of Business and Economic Statistics, 19(3), 331-340. DOI ↗Johansen, S. (1991). Estimation and Hypothesis Testing of Cointegration Vectors in Gaussian Vector Autoregressive Models. Econometrica, 59(6), 1551-1580. DOI ↗
별칭nonlinear cointegration test, threshold Johansen cointegration, rank test for nonlinear cointegration, nonlinear VECM cointegrationJohansen test, VECM, vector error correction model, multivariate cointegration
관련33
요약Nonlinear Johansen cointegration extends the classical Johansen framework to detect long-run equilibrium relationships among integrated time series when the adjustment process is nonlinear. Using rank-based transformations, the approach tests for cointegration without assuming a linear error-correction mechanism, making it suitable for economic relationships characterized by asymmetric or threshold dynamics.The Johansen procedure is a multivariate cointegration framework, introduced by Søren Johansen in 1991, that tests for long-run equilibrium relationships among several I(1) time series. It determines how many cointegrating vectors link the series and then builds a Vector Error Correction Model (VECM) to describe the short-run dynamics around that equilibrium.
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