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makicoint

Maki Cointegration Test with Multiple Structural Breaks

v2.0.0 · Jun 30, 2026 · GPL-3

Description

Implements the Maki (2012) <doi:10.1016/j.econmod.2012.04.022> residual-based test for cointegration allowing for an unknown number of structural breaks. Breaks are located by a sequential procedure and the cointegrating residual is tested for a unit root with an augmented Dickey-Fuller (ADF) regression; the test statistic is the minimum ADF t-statistic over all candidate breaks. Four model specifications are supported (level shift, level shift with trend, regime shift, and regime shift with trend) and one to four regressors. The default engine reproduces the original 'GAUSS' / 'tspdlib' implementation, with an optional break rule following Maki (2012, Steps 2 and 4). The test runs for any feasible number of breaks; beyond the five tabulated by Maki, critical values can be simulated by his Monte-Carlo design. A two-panel diagnostic plot is provided via 'ggplot2'.

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OK 14 OK · 0 NOTE · 0 WARNING · 0 ERROR · 0 FAILURE Mar 10, 2026

Version History

2 tracked
updated 2.0.0 ← 1.0.0 diff Jun 30, 2026
new 1.0.0 Mar 10, 2026

R Observatory began tracking this package on Mar 10, 2026; it first appeared on CRAN Nov 4, 2025. Releases before tracking aren’t shown.