The Westerlund Panel Cointegration Analysis of Agricultural GDP and Total Power of Agricultural Machinery in China

被引：0
|
作者：
Wang Jintian [1 ]
Gao Feng [1 ]
Wang Xuezhen [1 ]
机构：
[1] Shandong Univ Technol, Sch Econ, Zibo 255091, Peoples R China
来源：
RECENT ADVANCE IN STATISTICS APPLICATION AND RELATED AREAS, VOLS I AND II | 2009年
关键词：
Panel Unit Root; Westerlund Panel Cointegration; Nonstationary Panel Data; ERROR-CORRECTION; TESTS;
D O I：
暂无
中图分类号：
O29 [应用数学];
学科分类号：
070104 ;
摘要：
This paper considers the estimation of Westerlund panel cointegration of agricultural GDP and total power of agricultural machinery in China. Through the panel unit root, we find that all series are nonstationary panel data. Then we estimate error-correction-based Westerlund panel cointegration test, according to the results of four statistics, we find that exists the long run relationships between them. As a conclusion, we should pay more attention to the agricultural machinery sector's development.
引用
收藏
页码：2535 / 2538
页数：4
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