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What does ECT stand for?

ECT stands for Error Correction Term

This definition appears very rarely and is found in the following Acronym Finder categories:

  • Science, medicine, engineering, etc.

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Other Resources:
We have 183 other definitions for ECT in our Acronym Attic

Samples in periodicals archive:

Sales--Results based on the VECM (Table 4) indicates that in the short run, each explanatory variable (A and P) significantly Granger-cause sales (as reflected in the significance of the F-tests of the lags of the explanatory variables), but the proportion by which the sales (S) variable adjusted endogenously in the short run to its long-term equilibrium relationship with other cointegrating variables is nevertheless significant (as evidenced in the significance of the t-test of the lagged error correction term derived from the long-term cointegrating relationship).