👉 Cointering is a statistical concept used in econometrics to describe how two variables are related or correlated. In other words, it refers to the relationship between two variables that is not linear but instead exhibits a non-linear pattern. In the context of econometrics, cointegration can be defined as the existence of a stationary process where both variables have a common long-run growth rate and there exists a positive correlation between them. This means that if one variable increases in value over time without bound, then
