Do someone have reference textbook or something that define Error Correction Model (ECM) using Panel Data?

Kautsar Hilmi Izzuddin @Kautsar-Izzuddin

26 April 2024 1 5K Report

Panel Error Correction Model (PECM) not the model Panel Vector Error Correction Model

There are several textbooks and academic papers that discuss the Error Correction Model (ECM) using panel data. One notable reference is "Econometric Analysis of Cross Section and Panel Data" by Jeffrey M. Wooldridge, which provides a comprehensive overview of panel data analysis techniques, including ECMs.

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