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패널 공적분 검정 (페드로니, 카오, 웨스터룬드)×최소제곱법(OLS) 회귀×
분야계량경제학계량경제학
계열Regression modelRegression model
기원 연도20042019
창시자Pedroni; Kao; WesterlundWooldridge (textbook treatment); classical least squares
유형Panel cointegration testLinear regression
원전Pedroni, P. (2004). Panel Cointegration: Asymptotic and Finite Sample Properties of Pooled Time Series Tests with an Application to the PPP Hypothesis. Econometric Theory, 20(3), 597–625. DOI ↗Wooldridge, J. M. (2019). Introductory Econometrics: A Modern Approach (7th ed.). Cengage Learning. ISBN: 978-1337558860
별칭Pedroni cointegration test, Kao cointegration test, Westerlund cointegration test, panel long-run equilibrium testsordinary least squares, classical linear regression, linear regression, en küçük kareler regresyonu
관련35
요약Panel cointegration tests check whether a set of integrated variables share a stable long-run equilibrium relationship across a panel of cross-sectional units. Pedroni (1999, 2004) provides heterogeneous-panel tests with seven statistics, Kao (1999) gives an ADF-based homogeneous-panel test, and Westerlund (2007) adds error-correction-based tests robust to structural breaks and cross-sectional dependence.Ordinary Least Squares is the classical linear regression method that explains a continuous outcome as a linear combination of predictors. It estimates the coefficients by minimising the sum of squared residuals, and under the Gauss-Markov assumptions these estimates are the best linear unbiased estimator (BLUE).
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