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2023-04-02 17:02:58 0 举报流程图 结构图
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Build horizontal VAR model
If the order d is the same
GNC inspection based on WEC
Fail
Determining the optimal lag divisor k
Build differential VAR model
Model diagnosis and stability test
If the order d is different
If cointegration does not exist
adopt
If d>0
If d=0 or known
GNC inspection based on WD
Conduct cointegration inspection
Build VEC model
Determine the variable to be tested and its sequence form according to theory or past empirical research
Conduct unit inspection to determine the single integer order I (d) of all variables to be inspected
Verifying GNC based on WL
If cointegration exists
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