Testing for Granger non-causality using the autoregressive metric

C-Tier
Journal: Economic Modeling
Year: 2013
Volume: 33
Issue: C
Pages: 120-125

Score contribution per author:

0.505 = (α=2.02 / 2 authors) × 0.5x C-tier

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

Abstract

A new non-causality test based on the notion of distance between ARMA models is proposed in this paper. The advantage of this test is that it can be used in possible integrated and cointegrated systems, without pre-testing for unit roots and cointegration. The Monte Carlo experiments indicate that the proposed method performs reasonably well in finite samples. The empirical relevance of the test is illustrated via an application.

Technical Details

RePEc Handle
repec:eee:ecmode:v:33:y:2013:i:c:p:120-125
Journal Field
General
Author Count
2
Added to Database
2026-01-25