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by smart
Fri Jun 12, 2009 3:18 pm
Forum: Econometric Discussions
Topic: on cointegration
Replies: 0
Views: 2301

on cointegration

hi.... i have questions about conintegration:
1- when there are two cointegration vectors by using johanson test, does that mean there is more than one error correction terms in one equation?
2- if yes, how can it be interpreted from economic pointview?

thanks in advance

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