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Honestly, it's going to be extremely difficult to measure something like emissions' impact on health care costs, irrespective of the estimation technique. I'd look for a natural experiment here, rather than a time series estimation. But anyway, I think your conclusion that the results are inconclus...

I have an issue with ARDL right now. I have done unit root test, cointegration test and an ARDL and got my values. Three of my variables are for different emission types and my dependent variable is healthcosts. The result showed that one of my emission types would have a negative relation with my d...