ARDL cointegration
The Health-Income Nexus for Malaysia: ARDL Cointegration and Rao?s F-test for Causality
... There is an abundance of econometric methods designed for testing the cointegrating relationship. Nevertheless, we use the bounds testing approach (Pesaran et al., 2001) within the autoregressive distributed lag ...
9
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
On the Effect of Government Spending on Money Demand in the United States: An ARDL Cointegration Approach
... The ARDL procedure achieves an empirical advantage over other asymptotically efficient estimators such as DOLS, FMLS, and MLE because it is an optimal estimator (Panopoulou and Pittis, ...
8
Revisiting the health income nexus in Malaysia: ARDL cointegration and Rao's F test for causality
... 1 Retrospectively, there are magnitude of empirical works have done on this topic, and the studies also varied widely in terms of scope of study and methodology. However, most of them focused on developed countries by ...
11
Impact of Financial Development on Trade Balance: An ARDL Cointegration and Causality Approach for Pakistan
... There are many studies that have investigated the determinants of trade balance such as Khan, (1995) studied the impact of the devaluation of the exchange rate on the trade balance for Pakistan. The results of ...
20
Do Economic and Financial Development Increase Carbon Emission in Pakistan: Empirical Analysis through ARDL Cointegration and VECM Causality
... establish cointegration and causality between carbon emissions, economic growth, energy consumption, financial development and trade openness in ...to cointegration is used to determine the ...
24
Energy Consumption and Inflation Dynamics in Nigeria: An ARDL Cointegration Approach
... The study investigated the dynamic relationship between energy consumption and inflation in Nigeria for the period 1980 to 2016. Having considered the theoretical nexus of the variables, we applied the Autoregressive ...
18
On the Measurement of the Government Spending Multiplier in the United States An ARDL Cointegration Approach
... This paper applies annual data from 1962 to 2011 to investigate the long run relationship between government spending and Gross Domestic Product (GDP) based on Barro’s (1990) government spending model. The common ...
13
Export of Agricultural Raw Materials, Exchange Rate and Economic Growth in Nigeria: An ARDL Approach to Cointegration
... run cointegration between export of agricultural raw materials, exchange rate on economic growth in ...2013. ARDL cointegration approach was employed in achieving the objective of the ...
11
Modeling Energy Consumption, CO2 Emissions and Economic Growth Nexus in Ethiopia: Evidence from ARDL Approach to Cointegration and Causality Analysis
... he ARDL cointegration technique for establishing the existence of a long-run relationship and Toda-Yamamoto approach to determine the direction of causality between the variables were ...that ...
27
Re examining the Foreign direct investment, Renewable energy consumption and Economic growth nexus: Evidence from a new Bootstrap ARDL test for Cointegration
... panel cointegration and causality ...the cointegration and causality amongst macroeconomic variables with the small sample properties, researchers have always used the panel ...the ARDL ...
28
FDI Inflow, Export and Economic Growth Relationship in India: An ARDL-Bound Cointegration Approach
... ARDL Cointegration method tests whether the existence or absence of long-run relationship among the variables. Or the log-run relationship is stable or not etc. It does not indicate the direction of ...
14
The interaction between stock prices and interest rates in Turkey: empirical evidence from ARDL bounds test cointegration
... The single cointegrating equations are applied to the unique order of series to pro- vide evidence of a long-run relationship. The robustness of the findings in the ARDL cointegration is supported by the ...
12
Reexamining the Foreign direct investment, Renewable energy consumption and Economic growth nexus: Evidence from a new Bootstrap ARDL test for Cointegration
... of cointegration for all the countries except Mauritania when FDI is the dependent ...of cointegration for Alger, Mauritanioa, Morocco, and Tunisia when RE is the dependent ...
39
Efficient posterior simulation in cointegration models with priors on the cointegration space
... Early Bayesian work on cointegration used Vector Autoregressive (VAR) representations (e.g. DeJong (1992), Dorfman (1994), Koop (1994)), for which simple and standard methods of posterior simulation were ...
20
Hidden panel cointegration
... This article extends the seminal work of Granger and Yoo (2002) on hidden cointegration to panel data analysis. It shows how cumulative negative and positive changes can be constructed for each panel variable. It ...
12
Modeling Energy Consumption, CO2 Emissions and Economic Growth Nexus in Ethiopia: Evidence from ARDL Approach to Cointegration and Causality Analysis
... The ARDL bounds cointegration approach proves the existence or absence of a long-term relationship between the variables included in the model (Alkhathlan & Javid, 2013), but it does not indicate the ...
19
The dynamic relationship between Financial Development and the Energy Demand in North Cyprus: Evidence from ARDL Bounds and Combine Cointegration Tests
... Table 3 results are providing the same results with the ARDL bounds test of cointegration. The Fisher statistics for ENG & GRA and ENG & GRA – JOHAN – BOS – BDM are greater than the critical value ...
13
Regime-Switching Cointegration
... for cointegration indicate cointegration is not present and, thus, the Fisher effect appears not to ...that cointegration is present, but with a structural break at an unknown point in ...finds ...
23
Inflation and Unemployment in Nigeria: An ARDL- Approach
... From Table 7, we noticed the existence of long-run cointegration between real exchange rate and export volume. We also observed a causal adjustment manner being asymmetric. When export volume and real exchange ...
10