ARDL Estimation

[Bali Quintero]

Hi:

I just bought Eviews 9.5 and I am using the ARDL estimation method, which is great. However, I have one doubt. After choosing the ARDL method, in the Equation Estimation there is an dropdown menu to choose "Trend Specification" (in the "Fixed Regressor" box). I just wanted to know the meaning of the options: 1) "None" 2) "Rest. constant" 3) "Unrest. constant" and 4) "Rest. linear trend".

I am think the "Rest and "Unrest.", mean Restricted and Unrestricted, respectively.

Also wanted to know the role of the "list of the fixed regressors", on ARDL model estimation.

Thanks for you time and help. :D

[canasya]

I found the following website very useful:

https://davegiles.blogspot.in/2015/01/a ... ews-9.html

Hope this helps. :)