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분야계량경제학계량경제학
계열Regression modelRegression model
기원 연도1998-20102004
창시자Bai & Perron (1998); extended to panels by Bai (2010) and Joseph et al.Pedroni; Kao; Westerlund
유형Panel time-series model with regime shiftsPanel cointegration test
원전Bai, J., & Perron, P. (1998). Estimating and testing linear models with multiple structural changes. Econometrica, 66(1), 47-78. DOI ↗Pedroni, 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 ↗
별칭panel structural break test, break-point panel model, panel change-point analysis, regime-shift panel analysisPedroni cointegration test, Kao cointegration test, Westerlund cointegration test, panel long-run equilibrium tests
관련43
요약Structural break panel data analysis detects and estimates points in time — break dates — where the underlying regression coefficients shift permanently across a panel of cross-sectional units observed over multiple periods. By jointly exploiting cross-sectional and time-series variation, it offers sharper identification of regime shifts than single-series break tests, and it delivers separate coefficient estimates for each regime before and after each break.Panel 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.
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