ARDL: Make cointegrating relationship bug
Posted: Tue May 20, 2025 10:12 am
Hi,
I am currently trying to estimate an equation using ARDL. As a part of my diagnostic check of the specified equation I am following the steps laid out below (copied from the EViews blog post on ARDL https://blog.eviews.com/2017/05/autoreg ... -ardl.html)
"In fact, we can visualize the fit of the long-run equation and the dependent variable by extracting the EC term and subtracting from it the dependent variable. This can be done as follows. In the estimation view, proceed to Proc/Make Cointegrating Relationship and save the series under a name, say cointno. Since the cointegrating relationship is the EC term, we would like to extract just the long-run relationship. To do this, simply subtract the series cointno from the dependent variable."
I had no issues doing the above in EViews 13: However, EViews 14 computes the series cointno as NA for all time periods: Is this a bug in EViews 14? I have downloaded the latest patch fixes so my version should be up to date as of the time of posting this.
Thanks in advance for the help.
I am currently trying to estimate an equation using ARDL. As a part of my diagnostic check of the specified equation I am following the steps laid out below (copied from the EViews blog post on ARDL https://blog.eviews.com/2017/05/autoreg ... -ardl.html)
"In fact, we can visualize the fit of the long-run equation and the dependent variable by extracting the EC term and subtracting from it the dependent variable. This can be done as follows. In the estimation view, proceed to Proc/Make Cointegrating Relationship and save the series under a name, say cointno. Since the cointegrating relationship is the EC term, we would like to extract just the long-run relationship. To do this, simply subtract the series cointno from the dependent variable."
I had no issues doing the above in EViews 13: However, EViews 14 computes the series cointno as NA for all time periods: Is this a bug in EViews 14? I have downloaded the latest patch fixes so my version should be up to date as of the time of posting this.
Thanks in advance for the help.