How to explain the impacts as shown by the coefficients of beta+ and beta- in NARDL models?

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Tetsuya
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How to explain the impacts as shown by the coefficients of beta+ and beta- in NARDL models?

Postby Tetsuya » Mon Jan 27, 2025 1:56 am

Dear everyone,

I am not sure about the interpretation of those coefficients of beta+ and beta- of x+ and x- in NARDL models. I found there are different interpretations in youtube videos. A -0.2 of beta- for log-log NARDl model implies that, if x- decreases 1%, y increases 0.2%. Am I right?
Could anyone tell me? Thanks so much.

Best regards,
Tetsuya

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