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What Goes Around Comes Around: Unit Root Tests and Cointegration

Published online by Cambridge University Press:  04 January 2017

John T. Williams
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Extract

At one time, the lag time for the implementation of methods from economics and other disciplines in political science was quite long, reflecting the newness of political methodology as well as a lack of statistical training. The articles by Ostrom and Smith and by Durr (in this volume) represent a departure from this longstanding lag time associated with political methodology. These articles, as well as others (e.g., Beck 1992), are using the methodology of unit root econometrics and error correction models with much smaller lag time. The Ostrom and Smith article represents little lag time at all, as some of their results are using methods not as yet printed in econometrics journals!

Type
Research Article
Information
Political Analysis , Volume 4 , 1992 , pp. 229 - 235
Copyright
Copyright © by the University of Michigan 1993 

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References

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