Finite Sample Correction Factors for Panel Cointegration Tests*

B-Tier
Journal: Oxford Bulletin of Economics and Statistics
Year: 2009
Volume: 71
Issue: 6
Pages: 851-881

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

In this paper we present finite T mean and variance correction factors and corresponding response surface regressions for the panel cointegration tests presented in Pedroni (1999, 2004), Westerlund (2005), Larsson et al. (2001) and Breitung (2005). For the single equation tests, we consider up to 12 regressors and for the system tests vector autoregression dimensions up to 12 variables. All commonly used specifications for the deterministic components are considered. The sample sizes considered are T ∈ {10,20,30,40,50,60,70,80,90,100,200,500}.

Technical Details

RePEc Handle
repec:bla:obuest:v:71:y:2009:i:6:p:851-881
Journal Field
General
Author Count
2
Added to Database
2026-01-29