ARDL and OLS
Posted: Wed Jun 19, 2013 9:09 pm
Hi
any one cal tell me that , if variable are not integrated at same i-e 1(0) and 1(1) order but they integrated at order 1(1)... can i allow to run multiple regression (OLS) to measure the relationship of dependent and independent variables... and for estimating ling run then further move towards Bound testing approach..
i-e first use OLS and then ARDL.....is it possible ?? or run only ARDL??
any one cal tell me that , if variable are not integrated at same i-e 1(0) and 1(1) order but they integrated at order 1(1)... can i allow to run multiple regression (OLS) to measure the relationship of dependent and independent variables... and for estimating ling run then further move towards Bound testing approach..
i-e first use OLS and then ARDL.....is it possible ?? or run only ARDL??