DOAJ Open Access 2024

Using Dichotomous Variables to Model Structural Changes in Time Series: An Application to International Trade

Gerardo Covarrubias Xuedong Liu

Abstrak

This research aimed to elucidate the methodology employed in econometric estimations by utilizing dichotomous variables. These variables served a dual purpose: firstly, they denoted an attribute designed to discern structural changes within a linear relationship, and secondly, they quantified the impact and statistical significance of one or more quantitative independent variables on a dependent variable in the presence of such structural changes. The core of this document covers the presentation of the methodology; additionally, an applied analysis of Mexico’s foreign trade is included. This analysis delved into estimating the impact and statistical significance of exports on the economic growth across different periods, reflecting significant structural changes in the development of the Mexican economy.

Topik & Kata Kunci

Engineering machinery, tools, and implements

Penulis (2)

Gerardo Covarrubias

Xuedong Liu

Format Sitasi

APA MLA BibTeX

Covarrubias, G., Liu, X. (2024). Using Dichotomous Variables to Model Structural Changes in Time Series: An Application to International Trade. https://doi.org/10.3390/engproc2024068022

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Informasi Jurnal

Tahun Terbit: 2024
Sumber Database: DOAJ
DOI: 10.3390/engproc2024068022
Akses: Open Access ✓