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패널 벡터 오차 수정 모형 (Panel VECM)×패널 아렐라노-본 GMM 추정량×
분야계량경제학계량경제학
계열Regression modelRegression model
기원 연도1987–19951991
창시자Engle & Granger (1987) for VECM; Holtz-Eakin, Newey & Rosen (1988) for panel VAR extensionManuel Arellano and Stephen Bond
유형Multivariate dynamic panel modelDynamic panel GMM estimator
원전Engle, R. F., & Granger, C. W. J. (1987). Co-integration and error correction: Representation, estimation, and testing. Econometrica, 55(2), 251–276. DOI ↗Arellano, M., & Bond, S. (1991). Some tests of specification for panel data: Monte Carlo evidence and an application to employment equations. Review of Economic Studies, 58(2), 277–297. DOI ↗
별칭Panel VECM, panel vector error correction model, PVECM, panel cointegrating VARArellano-Bond GMM, AB-GMM, difference GMM estimator, dynamic panel GMM
관련55
요약Panel VECM combines vector error correction modelling with panel data, simultaneously capturing the long-run cointegrating equilibrium among multiple I(1) variables and their short-run adjustment dynamics across multiple cross-sectional units. It is the standard framework when panel variables share at least one common stochastic trend.The Arellano-Bond GMM estimator addresses the two core problems of dynamic panel models — individual fixed effects correlated with the regressors, and the endogeneity introduced by a lagged dependent variable — by first-differencing to remove fixed effects and then using lagged levels of the dependent variable as internal instruments.
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ScholarGate방법 비교: Panel VECM · Panel Arellano-Bond GMM. 2026-06-19에 다음에서 검색함: https://scholargate.app/ko/compare