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Modelul Vectorial Neliniar de Corecție a Erorilor (Nonlinear VECM)×Testul ARDL Bounds (Testul Pesaran Bounds)×
DomeniuEconometrieEconometrie
FamilieRegression modelRegression model
Anul apariției1989–19982001
Autorul originalGranger & Lee (1989); Enders & Granger (1998)Pesaran, Shin & Smith
TipNonlinear time-series modelCointegration test / Autoregressive distributed lag model
Sursa seminalăEnders, W., & Granger, C. W. J. (1998). Unit-root tests and asymmetric adjustment with an example using the term structure of interest rates. Journal of Business & Economic Statistics, 16(3), 304–311. DOI ↗Pesaran, M. H., Shin, Y., & Smith, R. J. (2001). Bounds Testing Approaches to the Analysis of Level Relationships. Journal of Applied Econometrics, 16(3), 289–326. DOI ↗
Denumiri alternativenonlinear VECM, NVECM, threshold VECM, asymmetric VECMPesaran bounds test, bounds testing approach, ARDL cointegration test, ARDL Sınır Testi (Pesaran Bounds Test)
Înrudite24
RezumatThe Nonlinear VECM extends the standard linear VECM by allowing the speed of adjustment toward long-run equilibrium to differ depending on the sign, magnitude, or regime of deviations from that equilibrium. It captures asymmetric or threshold-driven dynamics in cointegrated time-series systems that a standard VECM would miss.The ARDL bounds test is an autoregressive distributed lag method that tests for a cointegrating (long-run level) relationship between time series, introduced by Pesaran, Shin and Smith in 2001. Unlike the Johansen procedure, it remains valid whether the variables are I(0), I(1) or a mix of the two, and it is more reliable than Johansen in small samples of roughly 30 to 80 observations.
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  3. PUBLISHED

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ScholarGateCompară metode: Nonlinear VECM · ARDL Bounds Test. Preluat la 2026-06-18 de pe https://scholargate.app/ro/compare