ARDL and the Levels Equation

For econometric discussions not necessarily related to EViews.

Moderators: EViews Gareth, EViews Moderator

Posts: 46
Joined: Thu Sep 06, 2012 5:20 am

ARDL and the Levels Equation

Postby Nas1 » Fri May 10, 2019 11:36 am

Hello, i have a confusion when it comes to ARDL estimation output.

In the estimation output, there is the level equation estimation. However, by default, variables used in the ARDL estimation are integrated of order 1 or 0. Does this indicate that the level equation may produce a spurious regression?

Another point. the results of the bounds test and the ecm term indicate for the long run relation between the dependent and the independent variables. however, in the level equation, no individual independent variable have a statistically significant coefficient.

Return to “Econometric Discussions”

Who is online

Users browsing this forum: No registered users and 10 guests