log condition for ARDL

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Em jay
Posts: 2
Joined: Tue Oct 14, 2014 3:46 am

log condition for ARDL

Postby Em jay » Tue Oct 14, 2014 6:00 am

hylo everyone. i want to solve one of quarry about my econometric research please
i have applied ARDL model in my dissertation but i haven't take log nor go for impulse response .. my results are consistent.. can anyone tell how can i defend my this point with logic that it isn't necessary to take log and impulse response function?

nishantvats12
Posts: 34
Joined: Wed Mar 19, 2014 9:28 pm
Location: India

Re: log condition for ARDL

Postby nishantvats12 » Sat Nov 08, 2014 12:04 am

Taking log is not at all necessary unless you are interested in:

a. Analyzing the elasticity
b. removing heteroskedasticity (if it exists)

Impulse response functions are needed for a specific kind of analysis only if you are not interested in it, you might not show it.

Em jay
Posts: 2
Joined: Tue Oct 14, 2014 3:46 am

Re: log condition for ARDL

Postby Em jay » Tue Nov 11, 2014 11:43 am

thanks alot


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