EViews 10 SV - ARDL Representation Cointegrating Equation
Posted: Thu Sep 06, 2018 7:35 am
Hello!
I generated ARDL model (1.1) with 2 dummy variables.
Results:
1/ Long Run Form and Bounds Test
2/Error correction form
3/ Representation
Cointegrating Equation:
D(VRP) = 2.322592517518 -0.224363760366*VRP(-1) + 0.052198313750*INV(-1) + 0.080168403368*D(INV) + 0.061151035593*(VRP - (0.23265038*INV(-1) + 10.35190582 ) + 0.082395400045*DUMMY_2010 )
I’m really sorry, but I can’t find in CoEq my first dummy. Why CointEq(-1) in CoEq has coefficient of my first dummy? Is it something wrong with CoEq? how should it look right? Or I understand everything wrong?
I generated ARDL model (1.1) with 2 dummy variables.
Results:
1/ Long Run Form and Bounds Test
- 1.jpg (65.87 KiB) Viewed 3900 times
- 2.jpg (23.58 KiB) Viewed 3900 times
3/ Representation
Cointegrating Equation:
D(VRP) = 2.322592517518 -0.224363760366*VRP(-1) + 0.052198313750*INV(-1) + 0.080168403368*D(INV) + 0.061151035593*(VRP - (0.23265038*INV(-1) + 10.35190582 ) + 0.082395400045*DUMMY_2010 )
I’m really sorry, but I can’t find in CoEq my first dummy. Why CointEq(-1) in CoEq has coefficient of my first dummy? Is it something wrong with CoEq? how should it look right? Or I understand everything wrong?