Chen, Andrew H.; Penm, Jack H. W.; Terrell, R. D. - In: Research in finance, (pp. 95-111). 2010
In this chapter, we apply an efficient subset of vector error correction model (VECM) using the forgetting factor to examine the cointegration under climate change of the time series of the gross domestic product (GDP) and the industrial production and that of the utilization and consumption of...