I am interest in finding statistically significant correlations of two variables. The variables do not correlate with the normal
cor() R function.
My setting is based on oil production where secondary methods are used to produce oil. For example, if you inject water today, it would have an impact after days or even months. Looking at the correlation of the oil production and water injection, there is none due to the lag of the impact.
I would like to know which methods I could use to understand the delay of impact and more importantly the impact itself.
Another example is on the tree growth analysis, if you track the width of the tree bark and the amount of water used everyday, the efforts of adding water could impact growth after some time.