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ARDL lag selection and long run coefficients

Posted: Wed Feb 08, 2017 8:50 am
by Laura.hodok
Hello, My question is I am running an ARDL model with annual data for 36 years. How many lags can I use at most. Secondly, how to obtain the long run coefficients in ARDL. My supervisor says to divide the cofficient of lag dependent variable by each independent variable. Is that ok. Thanks in advance.