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- W1550756258 abstract "This article reviews some of the recent methodology developed for the analysis of time series data stressing that the statistical properties of the individual series need to be analysed to avoid spurious regressions. A convergence of econometric methodology is entertained with specific focus on cointegration and error correction models which allows the testing of long run relationships between variables and allows for a more dynamic structure than some of the previous models that appear in the literature. An example of this is the commonly used partial adjustment model in supply analysis which is nested in the less restrictive error correction model. Tests can be performed on the validity of these restrictions. These models have a wide application in agricultural economic analysis." @default.
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- W1550756258 date "1998-01-01" @default.
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- W1550756258 title "Econometric Methodology Ii : Strengthening Time Series Analysis" @default.
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