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