10 October 2016 5 569 Report

Are these arguments right?

-first is about simple model and later is about more then 2 variables or using matrix form

-An error correction model is a single equation. A VECM is a multiple equation model based on a restricted VAR.

Attached are the sources!

Thanks in advance for your replies!

Regards,

Joel

https://www.quora.com/What-is-difference-between-error-correction-model-and-vector-error-correction-model-in-time-series-analysis

http://forums.eviews.com/viewtopic.php?t=8022

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