Testing the order of integration with low power tests : An application to argentine macro-variables
- Autores
- Carrera, Jorge Eduardo; Féliz, Mariano; Panigo, Demian Tupac
- Año de publicación
- 2003
- Idioma
- inglés
- Tipo de recurso
- artículo
- Estado
- versión publicada
- Descripción
- The low power of available econometric tests is an important problem in applied research on unit roots and related issues. Based on the principle of methodological triangulation, the problem should be analyzed from different points of view in order to increase the validity of the results. Following this approach a strategy to test the order of integration in time series is presented using a sequence of eleven consolidated tests. In this way it is possible to determine the persistence of shocks, to specify the best strategy for trend-cycle decomposition and to obtain additional information useful for public policies. As an application of the methodology, the integration properties in the main 14 Argentine macroeconomic variables are studied. A classification of them in four homogenous groups according to their order of integration is obtained.
Facultad de Humanidades y Ciencias de la Educación - Fuente
- Memoria académica
- Materia
-
Ciencias Sociales
Ciencias Económicas
Unit root
Persistence
Cycles
Structural breaks
Argentine
Macroeconomic variables - Nivel de accesibilidad
- acceso abierto
- Condiciones de uso
- http://creativecommons.org/licenses/by-nc-nd/4.0/
- Repositorio
- Institución
- Universidad Nacional de La Plata
- OAI Identificador
- oai:sedici.unlp.edu.ar:10915/90999
Ver los metadatos del registro completo
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Testing the order of integration with low power tests : An application to argentine macro-variablesCarrera, Jorge EduardoFéliz, MarianoPanigo, Demian TupacCiencias SocialesCiencias EconómicasUnit rootPersistenceCyclesStructural breaksArgentineMacroeconomic variablesThe low power of available econometric tests is an important problem in applied research on unit roots and related issues. Based on the principle of methodological triangulation, the problem should be analyzed from different points of view in order to increase the validity of the results. Following this approach a strategy to test the order of integration in time series is presented using a sequence of eleven consolidated tests. In this way it is possible to determine the persistence of shocks, to specify the best strategy for trend-cycle decomposition and to obtain additional information useful for public policies. As an application of the methodology, the integration properties in the main 14 Argentine macroeconomic variables are studied. A classification of them in four homogenous groups according to their order of integration is obtained.Facultad de Humanidades y Ciencias de la Educación2003info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionArticulohttp://purl.org/coar/resource_type/c_6501info:ar-repo/semantics/articuloapplication/pdf221-246http://sedici.unlp.edu.ar/handle/10915/90999<a href="http://www.memoria.fahce.unlp.edu.ar" target="_blank">Memoria académica</a>reponame:SEDICI (UNLP)instname:Universidad Nacional de La Platainstacron:UNLPenginfo:eu-repo/semantics/altIdentifier/url/http://www.memoria.fahce.unlp.edu.ar/library?a=d&c=arti&d=Jpr8409info:eu-repo/semantics/altIdentifier/url/https://www.tandfonline.com/doi/abs/10.1080/15140326.2003.12040592info:eu-repo/semantics/altIdentifier/issn/1514-0326info:eu-repo/semantics/altIdentifier/doi/10.1080/15140326.2003.12040592info:eu-repo/semantics/openAccesshttp://creativecommons.org/licenses/by-nc-nd/4.0/Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0)2025-09-29T11:18:04Zoai:sedici.unlp.edu.ar:10915/90999Institucionalhttp://sedici.unlp.edu.ar/Universidad públicaNo correspondehttp://sedici.unlp.edu.ar/oai/snrdalira@sedici.unlp.edu.arArgentinaNo correspondeNo correspondeNo correspondeopendoar:13292025-09-29 11:18:04.353SEDICI (UNLP) - Universidad Nacional de La Platafalse |
dc.title.none.fl_str_mv |
Testing the order of integration with low power tests : An application to argentine macro-variables |
title |
Testing the order of integration with low power tests : An application to argentine macro-variables |
spellingShingle |
Testing the order of integration with low power tests : An application to argentine macro-variables Carrera, Jorge Eduardo Ciencias Sociales Ciencias Económicas Unit root Persistence Cycles Structural breaks Argentine Macroeconomic variables |
title_short |
Testing the order of integration with low power tests : An application to argentine macro-variables |
title_full |
Testing the order of integration with low power tests : An application to argentine macro-variables |
title_fullStr |
Testing the order of integration with low power tests : An application to argentine macro-variables |
title_full_unstemmed |
Testing the order of integration with low power tests : An application to argentine macro-variables |
title_sort |
Testing the order of integration with low power tests : An application to argentine macro-variables |
dc.creator.none.fl_str_mv |
Carrera, Jorge Eduardo Féliz, Mariano Panigo, Demian Tupac |
author |
Carrera, Jorge Eduardo |
author_facet |
Carrera, Jorge Eduardo Féliz, Mariano Panigo, Demian Tupac |
author_role |
author |
author2 |
Féliz, Mariano Panigo, Demian Tupac |
author2_role |
author author |
dc.subject.none.fl_str_mv |
Ciencias Sociales Ciencias Económicas Unit root Persistence Cycles Structural breaks Argentine Macroeconomic variables |
topic |
Ciencias Sociales Ciencias Económicas Unit root Persistence Cycles Structural breaks Argentine Macroeconomic variables |
dc.description.none.fl_txt_mv |
The low power of available econometric tests is an important problem in applied research on unit roots and related issues. Based on the principle of methodological triangulation, the problem should be analyzed from different points of view in order to increase the validity of the results. Following this approach a strategy to test the order of integration in time series is presented using a sequence of eleven consolidated tests. In this way it is possible to determine the persistence of shocks, to specify the best strategy for trend-cycle decomposition and to obtain additional information useful for public policies. As an application of the methodology, the integration properties in the main 14 Argentine macroeconomic variables are studied. A classification of them in four homogenous groups according to their order of integration is obtained. Facultad de Humanidades y Ciencias de la Educación |
description |
The low power of available econometric tests is an important problem in applied research on unit roots and related issues. Based on the principle of methodological triangulation, the problem should be analyzed from different points of view in order to increase the validity of the results. Following this approach a strategy to test the order of integration in time series is presented using a sequence of eleven consolidated tests. In this way it is possible to determine the persistence of shocks, to specify the best strategy for trend-cycle decomposition and to obtain additional information useful for public policies. As an application of the methodology, the integration properties in the main 14 Argentine macroeconomic variables are studied. A classification of them in four homogenous groups according to their order of integration is obtained. |
publishDate |
2003 |
dc.date.none.fl_str_mv |
2003 |
dc.type.none.fl_str_mv |
info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Articulo http://purl.org/coar/resource_type/c_6501 info:ar-repo/semantics/articulo |
format |
article |
status_str |
publishedVersion |
dc.identifier.none.fl_str_mv |
http://sedici.unlp.edu.ar/handle/10915/90999 |
url |
http://sedici.unlp.edu.ar/handle/10915/90999 |
dc.language.none.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
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info:eu-repo/semantics/openAccess http://creativecommons.org/licenses/by-nc-nd/4.0/ Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0) |
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openAccess |
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http://creativecommons.org/licenses/by-nc-nd/4.0/ Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0) |
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application/pdf 221-246 |
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