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

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.

关键词： Panel Unit Root Westerlund Panel Cointegration Nonstationary Panel Data

作者: WANG Jintian GAO Feng WANG Xuezhen

作者单位: School of Economics, Shandong University of Technology, P.R.China, 255091

会议类型: 国际会议

会议名称: 2009 International Institute of Applied Statistics Studies(2009 国际应用统计学术研讨会)

会议地点: 青岛

会议语种:英文

页码: 1-4

在线出版日期: 2009-07-25（万方平台首次上网日期，不代表论文的发表时间）