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Maki kointegracioni test×Panel DF-GLS×
OblastEkonometrijaEkonometrija
PorodicaRegression modelRegression model
Godina nastanka20121996
TvoracDarshana MakiElliott, Rothenberg, and Stock (adapted to panels)
TipStructural-break testStationarity test
Temeljni izvorMaki, D. (2012). Tests for cointegration allowing for an unknown number of breaks. Economic Modelling, 29(5), 2011-2015. DOI ↗Elliott, G., Rothenberg, T. J., & Stock, J. H. (1996). Efficient tests for an autoregressive unit root. Econometric Reviews, 13(4), 469-497. DOI ↗
Drugi naziviStructural-break cointegration testPanel unit-root test
Srodne33
SažetakThe Maki cointegration test extends cointegration testing to allow for an unknown number of endogenously-determined structural breaks in the cointegrating relationship. Introduced by Maki (2012), it builds on Gregory and Hansen (1996), enabling detection of cointegration even when relationships shift due to policy changes, institutional reforms, or fundamental regime shifts. This is essential for applied time-series work where structural change is common.Panel DF-GLS extends the Elliott, Rothenberg, and Stock (1996) GLS unit-root test to panel data, combining cross-sectional and time-series information to test whether variables contain unit roots. Introduced by Hadri and colleagues (2005), it is more powerful than standard panel unit-root tests (IPS, LLC) due to its GLS detrending approach. This test is essential for establishing stationarity before fitting cointegration or dynamic panel models.
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ScholarGateUporedite metode: Maki Cointegration Test · Panel DF-GLS. Preuzeto 2026-06-18 sa https://scholargate.app/sr/compare