Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
Testing for panel cointegration in high dimensional data in the presence of cross-sectional dependency
UCL, Dept Stat Sci, Gower St, London WC1E 6BT, England..
Jönköping University, Jönköping International Business School, JIBS, Economics, Finance and Statistics. Jonkoping Int Business Sch, Box 1026, S-55111 Jonkoping, Sweden..ORCID iD: 0000-0002-4535-3630
Jönköping University, Jönköping International Business School, JIBS, Economics. Jonkoping Int Business Sch, Box 1026, S-55111 Jonkoping, Sweden..ORCID iD: 0000-0003-3144-2218
2021 (English)In: International Journal of Computational Economics and Econometrics, ISSN 1757-1170, E-ISSN 1757-1189, Vol. 11, no 4, p. 406-418Article in journal (Refereed) Published
Abstract [en]

This paper introduces some new methods to test for panel cointegration in the error correction framework. These methods are proposed since the previous approaches do not perform well when the number of cross-sectional units (N) is approximately equal to the number of time periods (T). By means of Monte Carlo simulations we investigate the size and power properties when N and T increase simultaneously, i.e., N/T -> c where 0 < c <= 1. Based on the simulated results we may recommend a test for panel cointegration in high dimensional setting with cross-sectional dependency.

Place, publisher, year, edition, pages
InderScience Publishers, 2021. Vol. 11, no 4, p. 406-418
Keywords [en]
error correction model, panel cointegration, increasing dimension
National Category
Economics
Identifiers
URN: urn:nbn:se:hj:diva-55071DOI: 10.1504/IJCEE.2021.118482ISI: 000711972500004Scopus ID: 2-s2.0-85118801232OAI: oai:DiVA.org:hj-55071DiVA, id: diva2:1611495
Available from: 2021-11-15 Created: 2021-11-15 Last updated: 2021-11-23Bibliographically approved

Open Access in DiVA

No full text in DiVA

Other links

Publisher's full textScopus

Authority records

Månsson, KristoferSjölander, Pär

Search in DiVA

By author/editor
Månsson, KristoferSjölander, Pär
By organisation
JIBS, Economics, Finance and StatisticsJIBS, Economics
In the same journal
International Journal of Computational Economics and Econometrics
Economics

Search outside of DiVA

GoogleGoogle Scholar

doi
urn-nbn

Altmetric score

doi
urn-nbn
Total: 104 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf