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Kipimo cha Mizizi ya Unit ya Phillips-Perron Inayobadilika Wakati×Kipimo cha Phillips-Perron (PP) cha Mizizi ya Muungano×
NyanjaEkonometrikiEkonometriki
FamiliaRegression modelRegression model
Mwaka wa asili1988-19991988
MwanzilishiExtension of Phillips & Perron (1988); TVP framework attributed to Hall & Luginbuhl (1999) and related literaturePeter C. B. Phillips & Pierre Perron
AinaUnit root test with time-varying parametersUnit-root test for stationarity
Chanzo asiliaPhillips, P. C. B., & Perron, P. (1988). Testing for a unit root in time series regression. Biometrika, 75(2), 335-346. DOI ↗Phillips, P. C. B., & Perron, P. (1988). Testing for a unit root in time series regression. Biometrika, 75(2), 335–346. DOI ↗
Majina mbadalaTVP-PP unit root test, time-varying PP test, Phillips-Perron test with time-varying parameters, TVP unit root testPP test, Phillips-Perron unit root test, Phillips-Perron birim kök testi
Zinazohusiana34
MuhtasariThe time-varying parameter PP unit root test extends the classical Phillips-Perron test by allowing the autoregressive coefficient to change over time. It detects stochastic non-stationarity in series whose persistence may shift across regimes or periods, offering more reliable inference when structural change is suspected in the data-generating process.The Phillips-Perron test, proposed by Peter Phillips and Pierre Perron in 1988, tests for a unit root in a time series, like the Augmented Dickey-Fuller test, but corrects for autocorrelation and heteroskedasticity in the errors non-parametrically rather than by adding lagged differences. It runs a simple Dickey-Fuller regression and then adjusts the test statistic using a long-run variance estimate, so the practitioner need not choose a lag length for the regression itself.
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