Dear All,
I am working on how infrastructure (roads, gas, electricity and telephone) affects employment in those particular sectors. My ARDL model satisfies all tests (bound-testing, normality, serial correlation, cusum, cusumsq, heteroskedasticity). The only concern is the non-significance of p-values. Can I pass policy recommendation statements such as a 1% increase in gas infrastructure will increase the employment in gas sector by let's say 12%? (assuming that the coefficients on these are not significant)?
Will really appreciate if someone can explain.
How Important are p-values in an ARDL Model?
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danishussalam
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