The conventional econometrical method may lead to spurious regression so that the preceding conclusion is under the ground.

传统的计量分析手段可能导致伪回归，那么前面的结论就不可靠了。

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Panel spurious regression and. cointegration , especially panel cointegration of dependence section, is noteworthy. How to test and estimate the panel cointegration is also a important question.

面板数据的不稳定性导致的伪回归、协整检验及协整方程估计，尤其是部门依赖的协整检验及估计是一个有待解决的重要问题。

youdao

Panel spurious regression and. cointegration , especially panel cointegration of dependence section, is noteworthy. How to test and estimate the panel cointegration is also a important question.

面板数据的不稳定性导致的伪回归、协整检验及协整方程估计，尤其是部门依赖的协整检验及估计是一个有待解决的重要问题。

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