Bootstrap likelihood ratio tests of cointegration rank are commonly used because they tend to have rejection … estimation of the power function of the bootstrap test of cointegration rank. The bootstrap test is found to have a power … cointegration rank zero, or underestimate the cointegration rank. An empirical application to Euribor interest rates is provided as …

The likelihood ratio test of cointegration rank is the most widely used test for cointegration. Many studies have shown … series. It is found that the asymptotic test tends to overestimate the cointegration rank, while the bootstrap and FDB tests … choose the correct cointegration rank. …

This paper uses panel unit root and cointegration methods to test the stationarity of the premium on domestic investors …’ A shares over foreign investors’ B shares and cointegration between the A and B share prices on the Chinese stock … merged, and that the A and B share prices are cointegrated in the panel.Cointegration is more likely to be found for firms in …

Bootstrap likelihood ratio tests of cointegration rank are commonly used because they tend to have rejection … be applied to the estimation of the power function of the bootstrap test of cointegration rank. The bootstrap test is … cointegration rank zero, or underestimate the cointegration rank. An empirical application to Euribor interest rates is provided as …