ARDL approach to cointegration
The ARDL Approach to Cointegration Analysis of Tourism Demand in Turkey: with Greece as the substitution destination
... Lag, ARDL) approach to cointegration, developed by Pesaran ...allows cointegration relationships to be estimated by ordinary least squares (OLS) test once the lag order of the model is ...from ...
23
Imports economic growth nexus: ARDL approach to cointegration
... to cointegration to explore long-run relation; and Granger procedure within Vector Error Correction Model (VECM) to test direction of causality between imports and economic growth for a sample of forty–ten each ...
16
Financial development and energy consumption nexus in Malaysia: A multivariate time series analysis
... (ARDL) approach to cointegration to examine the existence of a long-run relationship among the series: energy consumption, population, aggregate production, and financial development for Malaysia; ...
29
Real Exchange Rate Changes and Trade Balance in Pakistan: A Revisit
... The paper implements the ARDL approach to cointegration to examine the long run relation between currency depreciation and trade balance for Pakistan. The three major findings are summarized here. ...
19
Testing the Productivity Bias Hypothesis in Middle East Countries
... the ARDL approach to cointegration, the long-run slope estimates of Bahrain and Saudi Arabia are positive and statistically significant, suggesting the existence of the ...the ARDL ...
19
The Effect of Crime on the Job Market: An ARDL approach to Argentina
... This paper provides further evidence on the impact of crime on the job market using the time series data over the period 1980-2007 for Argentina. We also address methodological flaws by earlier crime studies by employing ...
18
Impact of Financial Development on Trade Balance: An ARDL Cointegration and Causality Approach for Pakistan
... of cointegration, several techniques have been ...(1987) cointegration approach, Johansen (1991) Johansen maximum Eigen value test, Phillips and Ouliaris (1990) Phillips – Ouliaris ...
20
Disaggregated Import Demand Function: A Case Study of Pakistan
... that ARDL has a number of advantages over conventional techniques like Engle-Granger (1987) and Johansen (1992) cointegration ...of ARDL is that it can be applied irrespective of whether underlying ...
13
Does Corruption Increase Financial Development? A Time Series Analysis in Pakistan
... apply ARDL bounds testing approach to cointegration in order to test the long run relationship between financial development, corruption and economic ...applying ARDL approach to ...
13
Can Macroeconomic Factors Explain Equity Returns in the Long Run? The Case of Jordan
... the ARDL approach to cointegration, we find that the trade surplus, foreign exchange reserves, the money supply and oil prices are important macroeconomic variables which have long run effects on the ...
22
On the Measurement of the Government Spending Multiplier in the United States An ARDL Cointegration Approach
... common approach only considers defense government spending to estimate the multiplier to overcome the identification problem and endogeneity in isolating the effect of changes in government spending on ...
13
Are Crude Oil, Gas And Coal Prices Co integrated?
... (ARDL) approach to cointegration adapted to cointegration analysis on Oil, Gas and coal ...The ARDL model was specified in logarithmic form which coefficients mean as ...so ARDL ...
23
AN EMPIRICAL STUDY ON INCOME AND ENERGY CONSUMPTION IN BANGLADESH
... an ARDL bounds testing approach to ...this approach include Pesaran and Pesaran (1997), Pesaran and Shin (1999), and Pesaran et ...the ARDL method which makes it more useful than ...Johansen ...
12
Financial Development, International Trade and Economic Growth: Empirical Evidence from Pakistan
... other cointegration test due to certain reasons that this approach is based on OLS ...This approach integrates short run dynamics from long run equilibrium without loosing long run information ...
10
On the Effect of Government Spending on Money Demand in the United States: An ARDL Cointegration Approach
... (ARDL) approach that meets the provided criteria which works despite having endogenous ...The ARDL procedure achieves an empirical advantage over other asymptotically efficient estimators such as ...
8
Determinants of Inward FDI in Mongolia: An Application of the ARDL Bounds Testing Approach to Cointegration
... The study at hand investigated the determinants of inward FDI in Mongolia by analyzing the short- and long-run relationships among FDI, domestic market size, human capital, macroeconomic uncertainty, financial ...
27
Electricity Consumption and Economic Growth in Kazakhstan: Fresh Evidence from a Multivariate Framework Analysis
... causality approach to investigate causal relationship between energy consumption, exports and economic growth in case of Middle Eastern countries 3 ...Johansen-Juselius cointegration approach and the ...
39
ARDL Cointegration Tests for Beginner
... standard cointegration analysis which requires the classification of the variables into I(1) and I(0) (Pesaran and Pesaran, 1997, ...for ARDL model for cointegration ...
13
Renewable energy, arable land, agriculture, CO2 emissions, and economic growth in Morocco
... arable LUSE) for the case of Morocco. We use two models: the first comprises agricultural value added variable and the second comprises the arable land use variable. For each model, the dependent variable is renewable ...
26
Environmental Kuznets Curve in an Open Economy: A Bounds Testing and Causality Analysis for Tunisia
... The unique integrating properties of the both series leads us to implement the ARDL bounds testing approach to cointegration examining the long run relationship between economic growth, [r] ...
44