Cointegration in a historical perspective

A-Tier
Journal: Journal of Econometrics
Year: 2010
Volume: 158
Issue: 1
Pages: 156-159

Score contribution per author:

1.341 = (α=2.01 / 3 authors) × 2.0x A-tier

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

Abstract

We analyse the impact of the Engle and Granger (1987) article by means of its citations over time, and find evidence of a second life starting in the new millennium. Next, we propose a possible explanation of the success of this citation classic. We argue that the conditions for its success were just right at the time of its appearance, because of the growing emphasis on time series properties in econometric modelling, the empirical importance of stochastic trends, the availability of sufficiently long macroeconomic time series, and the availability of personal computers and econometric software for carrying out the new techniques.

Technical Details

RePEc Handle
repec:eee:econom:v:158:y:2010:i:1:p:156-159
Journal Field
Econometrics
Author Count
3
Added to Database
2026-01-24