cointegration and ARDL
Cointegration between Investment and Saving in Selected Asian Countries: ARDL Bounds Testing Procedure
... model ARDL(1,1) shows no further serial correlation at the 5 percent level using Lagrangian Multiplier serial correlation ...the ARDL model in equation ...for cointegration expressed in equation ...
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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 ...
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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 ...
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The ARDL Approach to Cointegration Analysis of Tourism Demand in Turkey: with Greece as the substitution destination
... for cointegration between Turkey and 13 countries, share of tourist arrivals from which composed 65 percent from total tourist arrivals in ...using ARDL approach to determine whether the dependent and ...
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On the Effect of Government Spending on Money Demand in the United States: An ARDL Cointegration Approach
... . All data has been collected form the Federal Reserve Economic Data (FRED) database. I apply the ARDL approach to cointegration to estimate the long-run relationship between variables in the model. To make ...
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Energy Consumption and Inflation Dynamics in Nigeria: An ARDL Cointegration Approach
... the ARDL bound testing model (for instance see, Akpan (2011); Adamu and Darma (2016); Nkoro and Uko ...run cointegration relationship exist among the ...
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Inflation and financial sector correlation: the case of Bangladesh
... The significance of an error correction term i.e. ECM t 1 shows deviations in regressed variable. These deviations are a function of both the levels of disequilibrium in the cointegration relationship as well as ...
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Financial development and energy consumption nexus in Malaysia: A multivariate time series analysis
... to cointegration to examine the existence of a long-run relationship among the series: energy consumption, population, aggregate production, and financial development for Malaysia; and tests for Granger causality ...
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Real Exchange Rate Changes and Trade Balance in Pakistan: A Revisit
... applied ARDL bound testing approach to cointegration to the quarterly data from 1973 to 2001 and confirmed the existence of J relation in Australia for only 3 out of 23 trading ...
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Does financial development increase rural urban income inequality? Cointegration analysis in the case of Indian economy
... about cointegration in ARDL bounds testing approach depends upon the generated critical bounds by Pesaran et ...no cointegration is H : α INQ = α FD = α GDPC = α CPI = α TR = 0 the alternative ...
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Inflation and Financial Sector Correlation: The Case of Bangladesh
... the ARDL bounds testing approach to cointegration (Pesaran et ...of ARDL bounds testing approach to cointegration ...the ARDL bounds testing approach are also shown in Table-3 ...
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Is hike in inflation responsible for rise in terrorism in Pakistan?
... to ARDL bounds testing approach to investigate long run cointegration between inflation, terrorism and economic growth, it is necessary to find out integrating order of the ...series. ARDL ...
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The ARDL Method in the Energy-Growth Nexus Field; Best Implementation Strategies
... no cointegration is confirmed, we can proceed with simple Granger causality (unrestricted ...why cointegration is not confirmed ...the cointegration equation provides the long-run ...if ...
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Determinants of Inward FDI in Mongolia: An Application of the ARDL Bounds Testing Approach to Cointegration
... The study at hand is the first of its kind that aimed to provide a comprehensive analysis of the determinants of foreign direct investment (FDI) in Mongolia by analyzing their short-run, long-run, and Granger causal ...
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Environmental Kuznets Curve in an Open Economy: A Bounds Testing and Causality Analysis for Tunisia
... no cointegration is H 0 : C Y Y 2 E T 0 and hypothesis of cointegration is H 0 : C Y Y 2 E T 0 ...of cointegration if computed F-statistic is more than upper ...
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Disaggregated Import Demand Function: A Case Study of Pakistan
... the ARDL model, either the intercept or trend or both are included in the ARDL model and the number of regressors in the ARDL ...for cointegration test are as given: H 0 : 3 = 4 = 5 = 0 ...
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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 ...
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Remittances, Foreign Direct Investment, Imports and Economic Growth: Empirical Evidence from Vietnam
... the ARDL bounds testing approach to cointegration, this empirical study examines the relationship between remittances, FDI, imports and economic growth over the period 2000 - 2018 in ...
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Effect of health on economic growth in Ghana:An application of ARDL bounds test to cointegration
... the ARDL procedure, which is able to correct simultaneity issues by allowing for an unrestricted number of lags for the regressand and ...of ARDL estimator stems from its efficiency in studies using finite ...
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On the relationship between business cycle and college enrollment in the U.S.: a time series approach
... the ARDL bounds test for cointegration are presented in Table ...were ARDL (2,0,2), ARDL (1,0,1), and ARDL (1,0,2) when college enrollment, unemployment, and GDP were the dependent ...
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