cointegration equation
Posted: Thu Mar 22, 2012 8:25 am
Hi,
I’m programming a Johansen procedure to estimate the long-term relationship between variables for several countries.
In the Eviews output, I don’t understand why in the description of the cointegration equations there is sometimes a t-stat under the constant and the trend and sometimes there isn’t.
Thank you very much in advance.
I’m programming a Johansen procedure to estimate the long-term relationship between variables for several countries.
In the Eviews output, I don’t understand why in the description of the cointegration equations there is sometimes a t-stat under the constant and the trend and sometimes there isn’t.
Thank you very much in advance.