Specifically, would the new long-runequilibrium price be above, below, or equal to the short-runequilibrium price in part (b)?
特别是长期均衡价格高于、低于还是等于(b)中的短期价格P2?
2
By using the cointegration testing and vector autoregression models, we examine the long-runequilibrium and short-run fluctuations in the growth-led roles of foreign aggregate supply and demand.
The results of an unit root testing can directly influence the process of modeling, the long-runequilibrium relationship and the short-run error correction mechanism.