ARDL bug in EViews 14 ?
Posted: Sun Feb 08, 2026 4:09 pm
Dear EViews team,
Using the ARDL procedure in EViews 14, the estimation runs normally and the cointegration equation is correctly estimated, but all ARDL coefficients are reported as zero (t = 0, p = 1) !
Best regards
for exemple :
Dependent Variable: RATE_10Y
Method: ARDL
Date: 02/09/26 Time: 00:04
Sample: 2003M04 2025M09
Included observations: 270
Lag selection: Automatic (deplags=12, reglags=0)
Selected model: ARDL(3,0,0) using AIC (12 models evaluated)
HAC standard errors & covariance (Bartlett kernel, Newey-West fixed
bandwidth = 5.0000)
Variable Coefficient Std. Error t-Statistic Prob.*
Distributed-lag Regressors
Dependent
RATE_10Y(-1) 0.000000 0.086579 0.000000 1.0000
RATE_10Y(-2) 0.000000 0.150383 0.000000 1.0000
RATE_10Y(-3) 0.000000 0.078682 0.000000 1.0000
Independent
INF 0.000000 0.003984 0.000000 1.0000
CONV_PM 0.000000 0.005289 0.000000 1.0000
Deterministic Regressors
C 0.000000 0.013360 0.000000 1.0000
R-squared 0.998085 Mean dependent var 2.990556
Adjusted R-squared 0.998049 S.D. dependent var 1.180612
S.E. of regression 0.052149 Akaike info criterion -3.047465
Sum squared resid 0.717943 Schwarz criterion -2.967500
Log likelihood 417.4078 Hannan-Quinn criter. -3.015355
F-statistic 27521.89 Durbin-Watson stat 1.980610
Prob(F-statistic) 0.000000
*Note: p-values and any subsequent test results do not account for model
selection.
Deterministics: Rest. constant (Case 2)
Variable Coefficient Std. Error t-Statistic Prob.
INF 1.136709 0.957254 1.187468 0.2361
CONV_PM 0.494911 0.475037 1.041836 0.2984
C 0.438690 1.450053 0.302534 0.7625
Using the ARDL procedure in EViews 14, the estimation runs normally and the cointegration equation is correctly estimated, but all ARDL coefficients are reported as zero (t = 0, p = 1) !
Best regards
for exemple :
Dependent Variable: RATE_10Y
Method: ARDL
Date: 02/09/26 Time: 00:04
Sample: 2003M04 2025M09
Included observations: 270
Lag selection: Automatic (deplags=12, reglags=0)
Selected model: ARDL(3,0,0) using AIC (12 models evaluated)
HAC standard errors & covariance (Bartlett kernel, Newey-West fixed
bandwidth = 5.0000)
Variable Coefficient Std. Error t-Statistic Prob.*
Distributed-lag Regressors
Dependent
RATE_10Y(-1) 0.000000 0.086579 0.000000 1.0000
RATE_10Y(-2) 0.000000 0.150383 0.000000 1.0000
RATE_10Y(-3) 0.000000 0.078682 0.000000 1.0000
Independent
INF 0.000000 0.003984 0.000000 1.0000
CONV_PM 0.000000 0.005289 0.000000 1.0000
Deterministic Regressors
C 0.000000 0.013360 0.000000 1.0000
R-squared 0.998085 Mean dependent var 2.990556
Adjusted R-squared 0.998049 S.D. dependent var 1.180612
S.E. of regression 0.052149 Akaike info criterion -3.047465
Sum squared resid 0.717943 Schwarz criterion -2.967500
Log likelihood 417.4078 Hannan-Quinn criter. -3.015355
F-statistic 27521.89 Durbin-Watson stat 1.980610
Prob(F-statistic) 0.000000
*Note: p-values and any subsequent test results do not account for model
selection.
Deterministics: Rest. constant (Case 2)
Variable Coefficient Std. Error t-Statistic Prob.
INF 1.136709 0.957254 1.187468 0.2361
CONV_PM 0.494911 0.475037 1.041836 0.2984
C 0.438690 1.450053 0.302534 0.7625