Modelling economies in transition: an introduction
Modelling economies in transition: an introduction
This paper considers the implications of structural breaks, such as have occurred in many transition economies, for econometric modelling based on the multivariate cointegration paradigm. It outlines recent developments on the identification of linear cointegrated systems, discusses some practical problems, and presents an extension to non-linear systems. This is followed by a discussion of the impact of structural breaks on the identification and estimation of such systems. Finally, it relates these issues to the other papers in this volume.
University of Southampton
Hall, S.
a11a8f8b-d6fb-47a7-82b1-1f76d2f170dc
Mizon, G.E.
2b8353b4-0af4-48db-b552-6867dc1f4583
Welfe, A.
b372202f-f03c-47a3-985e-5d69d70e27ef
1999
Hall, S.
a11a8f8b-d6fb-47a7-82b1-1f76d2f170dc
Mizon, G.E.
2b8353b4-0af4-48db-b552-6867dc1f4583
Welfe, A.
b372202f-f03c-47a3-985e-5d69d70e27ef
Hall, S., Mizon, G.E. and Welfe, A.
(1999)
Modelling economies in transition: an introduction
(Discussion Papers in Economics and Econometrics, 9919)
Southampton, UK.
University of Southampton
(doi:10.1016/S0264-9993(99)00042-5).
Record type:
Monograph
(Discussion Paper)
Abstract
This paper considers the implications of structural breaks, such as have occurred in many transition economies, for econometric modelling based on the multivariate cointegration paradigm. It outlines recent developments on the identification of linear cointegrated systems, discusses some practical problems, and presents an extension to non-linear systems. This is followed by a discussion of the impact of structural breaks on the identification and estimation of such systems. Finally, it relates these issues to the other papers in this volume.
More information
Published date: 1999
Organisations:
Economics
Identifiers
Local EPrints ID: 33154
URI: http://eprints.soton.ac.uk/id/eprint/33154
PURE UUID: 61e81522-e4f5-4439-8dc1-2e2caac2f937
Catalogue record
Date deposited: 24 May 2007
Last modified: 15 Mar 2024 07:43
Export record
Altmetrics
Contributors
Author:
S. Hall
Author:
G.E. Mizon
Author:
A. Welfe
Download statistics
Downloads from ePrints over the past year. Other digital versions may also be available to download e.g. from the publisher's website.
View more statistics