Cointegration Test: ARDL Approach
Estimating the Volume of the Hidden Economy in Yemen, 1995-2009: Evidence from ARDL Approach of Cointegration
... iii ABSTRACT Knowing the size of the hidden economic activities is very important for economists as well as policy makers for economic development and planning. The expansion of the activities in hidden economy has ...
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Telecommunication Infrastructure and Economic Growth in Nigeria: New Evidence From ARDL Bound Testing Approach to Cointegration
... growth in Nigeria using the autoregressive distributed lag model (ARDL) estimation technique approach. Telecommunication Infrastructure has been identified as having both direct and indirect impact on the ...
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Imports economic growth nexus: ARDL approach to cointegration
... 3: Results The ADF test shows both variables are I(1), difference stationary (results not reported). Based on SBC, lag-length 2 is selected. Long-run relationship between imports and GDP holds for all ...
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On the Measurement of the Government Spending Multiplier in the United States An ARDL Cointegration Approach
... Then the ARDL model is estimated based on the optimum number of lags. The existence of cointegration can be investigated by conducting the bounds test. The F-test critical value tabulated by ...
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Estimation of the aggregate agricultural supply response in Zimbabwe: The ARDL approach to cointegration
... a test based on the coe¢ cient of the lagged dependent variable in an autoregres- sive distributed lag framework has been proposed (Banerjee et ...this approach but there is reason to believe that ...
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Effect of health on economic growth in Ghana:An application of ARDL bounds test to cointegration
... employing ARDL bounds test approach to cointegration, and controlling for the effects of education, international trade, FDI, inflation, and accumulation of physical capital, we find that ...
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On the Effect of Government Spending on Money Demand in the United States: An ARDL Cointegration Approach
... After conducting the diagnostic tests, I implement the CUSUM and CUSUMSQ tests 10 to make sure that the coefficients are stable. The results show that the coefficients in the proposed model are stable according to both ...
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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 ...
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Impact of Financial Development on Trade Balance: An ARDL Cointegration and Causality Approach for Pakistan
... LM test for serial correlation, normality of residual term and white heteroscedasticity provide no evidence of serial correlation, autoregressive conditional heteroscedasticity and white ...
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Is Foreign Direct Investment a Cause of Environmental Degradation in Pakistan? An ARDL Approach to Cointegration
... calculations ARDL test is applied to check the cointegration after finding the optimal lag ...run cointegration relationship because our F- value >upper bound I(1) value and relationship is ...
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Determinants of Inward FDI in Mongolia: An Application of the ARDL Bounds Testing Approach to Cointegration
... testing approach to cointegration, fully modified ordinary least squares, and the Granger causality test within the vector error-correction model (VECM) ...
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Revisiting the health-income nexus in Malaysia: ARDL cointegration and Rao's F-test for causality
... testing approach to cointegration and the system-wise Rao’s F-test with bootstrap simulation procedure in this ...bounds test suggests that health care expenditure and real income are moving ...
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Revisiting the health income nexus in Malaysia: ARDL cointegration and Rao's F test for causality
... testing approach to cointegration and the system-wise Rao’s F-test with bootstrap simulation procedure in this ...bounds test suggests that health care expenditure and real income are moving ...
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The Health-Income Nexus for Malaysia: ARDL Cointegration and Rao?s F-test for Causality
... testing approach to 6 One may suspect that the income elasticity and also the causal relationship between health care expenditure and real income may be varied over time either due to omission of relevant ...
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Finance-Growth-Energy Nexus and the Role of Agriculture and Modern Sectors: Evidence from ARDL Bounds Test Approach to Cointegration in Pakistan
... Zivot-Andrews test identifies structural break in the series. The ARDL bounds testing approach has been used for a long run relation and the IAA for the direction of ...
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FDI Inflow, Export and Economic Growth Relationship in India: An ARDL-Bound Cointegration Approach
... root test Dickey-Fuller assumes that the error terms or are independently and identically ...ADF test adjusts the DF test to take care of possible serial correlation among the residuals by adding ...
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Islamic home financing and the real sectors in Malaysia: An ARDL bound testing approach to cointegration
... Using cointegration test, they further argue that housing prices do not adjust to disequilibria which means that in the long run mortgage lending does not affect housing ...
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Climate Change Impact On Rice Production in Pakistan: An ARDL-Bounds Testing Approach to Cointegration
... The parameter stability test of the model is also checked at the end. The results of estimation show that the important variables of the study are cointegrated demonstrating the presence of long-run association ...
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The Effects of Openness and Globalization on Inflation: An ARDL Bounds Test Approach
... to test for the existence of a long-run relationship between series under consideration, the Bounds test approach to level relationship is ...Bounds test under two different scenarios as ...
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The Effects of Openness and Globalization on Inflation: An ARDL Bounds Test Approach
... the cointegration tests such as Engel-Granger, and Johansen and Joselius (1990), are confident when the series are in the same order of integration, these tests cannot be suitable for our ...Bounds test ...
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