VECM and variable order

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baliquintero
Posts: 3
Joined: Mon Jan 25, 2016 2:41 pm

VECM and variable order

Postby baliquintero » Mon Feb 01, 2016 12:24 pm

+ I was wondering if the variable order for estimating a VECM is important.
+ For example: Is "y x1 x2 x3" the same as "y x2 x1 x3" (endogenous variables) in the VAR specification dialog box

Cheers,
Bali


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