Error Correction Testing in Panels with Common Stochastic Trends
开发了在具有共同随机趋势的模型中检验无误差修正原假设的面板数据检验方法，推导了渐近分布并通过模拟验证了小样本下的良好表现。
Summary This paper develops panel data tests for the null hypothesis of no error correction in a model with common stochastic trends. The asymptotic distributions of the new test statistics are derived and simulation results are provided to suggest that they perform well in small samples. Copyright © 2015 John Wiley & Sons, Ltd.