tag:blogger.com,1999:blog-6883247404678549489.post6190230199154664730..comments2020-07-01T12:47:03.178-07:00Comments on EViews: AutoRegressive Distributed Lag (ARDL) Estimation. Part 3 - PracticeIHSEViewshttp://www.blogger.com/profile/04703437003033046408noreply@blogger.comBlogger162125tag:blogger.com,1999:blog-6883247404678549489.post-78446649534206672762020-06-17T23:30:41.068-07:002020-06-17T23:30:41.068-07:00This comment has been removed by a blog administrator.saivenkathttps://www.blogger.com/profile/07265662654934474648noreply@blogger.comtag:blogger.com,1999:blog-6883247404678549489.post-71339983402845815082020-05-25T08:02:43.772-07:002020-05-25T08:02:43.772-07:00Hello,
Thank you for the great efforts you put enh...Hello,<br />Thank you for the great efforts you put enhancing Eviews.<br />but I still have a few doubts about ARDL estimation, although i have read all of posts n comments in each post. <br /><br />you have said that "Everything else outside the CointEq is considered to be a short-run variable." but there exist three alternative representations so there will be three different results. <br /><br />my question are:<br />1. what's the difference between parameter estimation in intertemporal dynamic estimation and in conditional error correction (CEC) representation, i know that CEC is the reduce form, i mean the difference in how to interpret the parameter<br />2. what is the correct parameter to interpret as a short run parameter, using parameter in intertemporal dynamic estimation or in conditional error correction (CEC) representation? because i have read many journal and got the different result about using short run parameter. and as we know that the result is also different. <br /><br />I would be appreciate it if Eviews team can guide me here!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6883247404678549489.post-81328544922254015872020-05-21T15:45:03.085-07:002020-05-21T15:45:03.085-07:00Hi , your post is really special I am using annua...Hi , your post is really special I am using annual time series data of 27 years of 5 variables(using eviews 9). The f stat shows there is cointegrating relationship in the variables. ECT is also negative and significant. My only question us that are the values of f stat reliable for a small sample like mine. To date I haven't read eviews or Ardl methodology mentions that sample should be greater greater or equal to 30.<br />Cheers!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6883247404678549489.post-12227793364859022020-03-31T11:55:23.796-07:002020-03-31T11:55:23.796-07:00HI Eviews team,
thank you for your great efforts....HI Eviews team, <br />thank you for your great efforts.<br />i have found evidence of co-integration since my F-statistic is beyond the upper bound. however when i generate long run coefficients through ( long run form and bound test) i find large coefficients:<br /> Variable 1(-45.26939<br />Variable 2 (46.50257)<br />Variable 3(-22.63170)<br />Variables 4 (57.91694)<br />Variable 5 (-82.49271)<br />Variable 6 (15.40217)<br />Variable 7 (-73.66744)<br />Constant 459.2406<br />is this normal, provided that the regression passed all tests<br />thank you<br /> hamza belfhttps://www.blogger.com/profile/07141282914341444548noreply@blogger.comtag:blogger.com,1999:blog-6883247404678549489.post-45821653858805438402020-03-12T10:21:31.890-07:002020-03-12T10:21:31.890-07:00Hello EViews team.
Please, this is just for co...Hello EViews team.<br /> Please, this is just for confirmation, Am I right or am I missing something? "if we have case 4 or case 2 in ARDL modeling, we can have a degenerate cointegration but can not have a nonsensical cointegration".<br />CordiallyEcointelligencyhttps://www.blogger.com/profile/09764228437124629520noreply@blogger.comtag:blogger.com,1999:blog-6883247404678549489.post-4433595641054648562020-03-12T03:13:19.954-07:002020-03-12T03:13:19.954-07:00IHSEviews, thank you for your reply!
If I may ask ...IHSEviews, thank you for your reply!<br />If I may ask one final question. Can I test the stability or the stationarity of the EC model by testing the inverse roots (AR Structure). Kindly can you advice me how to?<br />Thank you again!<br />AmirAmir https://www.blogger.com/profile/08355544087004838174noreply@blogger.comtag:blogger.com,1999:blog-6883247404678549489.post-16719859837898962292020-03-11T06:03:20.697-07:002020-03-11T06:03:20.697-07:00This comment has been removed by the author.Ecointelligencyhttps://www.blogger.com/profile/09764228437124629520noreply@blogger.comtag:blogger.com,1999:blog-6883247404678549489.post-26022551392093063432020-03-08T23:05:14.192-07:002020-03-08T23:05:14.192-07:00Hello Eviews Team, I am currently facing the same ...Hello Eviews Team, I am currently facing the same problem as indicated by Lucas. Could you please provide a layman's interpretation of the shortrun coefficients of the variables indicated as thus: ** Variable interpreted as Z = Z(-1) + D(Z). Thank youAlhassanunoreply@blogger.comtag:blogger.com,1999:blog-6883247404678549489.post-8436893645200322042020-03-07T08:59:05.434-08:002020-03-07T08:59:05.434-08:00Hello,
Sorry, I worked with the Eviews 9.5 and no...Hello, <br />Sorry, I worked with the Eviews 9.5 and now I just want to confirm these something:<br /><br />1)- How many cases-ARDL in EViews 9.5?<br />2)- Are the critical values of Bounds test-ARDL in case 4 (with TREND) on EViews 9.5 the same with case 5 on EViews 10?<br /><br />B.WEcointelligencyhttps://www.blogger.com/profile/09764228437124629520noreply@blogger.comtag:blogger.com,1999:blog-6883247404678549489.post-34705986549036304652020-03-07T08:39:21.659-08:002020-03-07T08:39:21.659-08:00This comment has been removed by the author.Ecointelligencyhttps://www.blogger.com/profile/09764228437124629520noreply@blogger.comtag:blogger.com,1999:blog-6883247404678549489.post-29472855141402817152020-03-02T11:25:35.991-08:002020-03-02T11:25:35.991-08:001) At the moment, we don't have the CUSUM stat...1) At the moment, we don't have the CUSUM statistic implemented.<br /><br />2) The most we can say in the long run (if there is evidence of cointegration) is that both the independent and dependent variables are governed by common forces. This implies that if you do run a regression in the long run, that regression will be valid and whatever relationship exists at that point can be interpreted in the usual way.<br /><br />3) If if F-statistic is greater than the I(1) bound then you reject H0: no cointegration. Thus, fail to reject that the series are cointegrated. In the next step, if you run the test on the long-run coefficient and you reject significance, it means that the relationship between x and y is non-sensical. Please read Part 2 of the ARDL blog series for further details.IHSEViewshttps://www.blogger.com/profile/04703437003033046408noreply@blogger.comtag:blogger.com,1999:blog-6883247404678549489.post-4913779777282866482020-03-02T08:42:55.210-08:002020-03-02T08:42:55.210-08:00Hello,
Thank you for the great efforts you put enh...Hello,<br />Thank you for the great efforts you put enhancing Eviews. <br />I have a few doubts about ARDL estimation.<br />I would be appreciate it if Eviews team can guide me here!<br />1- Is CUSUM test performed on the ECM of the long run equation?<br />2- Can the long run coefficients be interpreted as positively/ negatively impact the independent variable in the long run?<br />3-In a two-variable (y and x) ARDL model, if the F-Statistics in the Bounds test is greater than I(1) bound, but the long run coefficient is not significant, can one say there is a long run relationship between x and y?<br />Thank you!<br />A<br />Amir https://www.blogger.com/profile/08355544087004838174noreply@blogger.comtag:blogger.com,1999:blog-6883247404678549489.post-6663099178641220382020-02-18T01:21:18.195-08:002020-02-18T01:21:18.195-08:00Hello,
Ok, what is the result of "t-Boun...Hello, <br /> Ok, what is the result of "t-Bounds test" for the coefficient of Yt-1?Ecointelligencyhttps://www.blogger.com/profile/09764228437124629520noreply@blogger.comtag:blogger.com,1999:blog-6883247404678549489.post-73411518799259347412020-02-18T01:20:40.008-08:002020-02-18T01:20:40.008-08:00And how if my stability test show that the model i...And how if my stability test show that the model is stable, but the ect <-2?Wonnhttps://www.blogger.com/profile/07622921979231937008noreply@blogger.comtag:blogger.com,1999:blog-6883247404678549489.post-1470581922273948492020-02-18T01:03:15.225-08:002020-02-18T01:03:15.225-08:0033Wonnhttps://www.blogger.com/profile/07622921979231937008noreply@blogger.comtag:blogger.com,1999:blog-6883247404678549489.post-15173891587017638232020-02-11T02:55:16.810-08:002020-02-11T02:55:16.810-08:00Hello,
Please, are you in case 1, 2, 3, 4 or 5?Hello,<br /> Please, are you in case 1, 2, 3, 4 or 5?Ecointelligencyhttps://www.blogger.com/profile/09764228437124629520noreply@blogger.comtag:blogger.com,1999:blog-6883247404678549489.post-46353406921501442952020-02-11T02:55:03.221-08:002020-02-11T02:55:03.221-08:00This comment has been removed by the author.Ecointelligencyhttps://www.blogger.com/profile/09764228437124629520noreply@blogger.comtag:blogger.com,1999:blog-6883247404678549489.post-75811854977625289242020-02-11T00:32:07.630-08:002020-02-11T00:32:07.630-08:00My F bound test shows that the cointegration is ex...My F bound test shows that the cointegration is exist, but the ect in ecm is not significant. How should i explain this?Wonnhttps://www.blogger.com/profile/07622921979231937008noreply@blogger.comtag:blogger.com,1999:blog-6883247404678549489.post-54578198384552742142019-12-04T01:26:28.921-08:002019-12-04T01:26:28.921-08:00Hello EViews team, I.e. the interpretation of the ...Hello EViews team, I.e. the interpretation of the short-term equation (ECM Regression) does not concern these variables (Zero lag variable), despite we can calculate the short term coefficients of these variables!Ecointelligencyhttps://www.blogger.com/profile/09764228437124629520noreply@blogger.comtag:blogger.com,1999:blog-6883247404678549489.post-30526254765579145752019-11-28T11:19:31.818-08:002019-11-28T11:19:31.818-08:00This comment has been removed by the author.Ecointelligencyhttps://www.blogger.com/profile/09764228437124629520noreply@blogger.comtag:blogger.com,1999:blog-6883247404678549489.post-21922229152163922162019-11-26T23:52:19.226-08:002019-11-26T23:52:19.226-08:00Good morning EViews team.
Why EViews, estimate...Good morning EViews team.<br /> Why EViews, estimates the short-term equation without the variables having a zero lag?<br /> For example; ARDL(21234560)<br />Eviews estimates the short-term equation without the seventh explanatory variable!Ecointelligencyhttps://www.blogger.com/profile/09764228437124629520noreply@blogger.comtag:blogger.com,1999:blog-6883247404678549489.post-49229718579254658652019-11-03T01:37:44.954-08:002019-11-03T01:37:44.954-08:00This comment has been removed by the author.Ecointelligencyhttps://www.blogger.com/profile/09764228437124629520noreply@blogger.comtag:blogger.com,1999:blog-6883247404678549489.post-52209117710244472462019-11-01T14:58:02.939-07:002019-11-01T14:58:02.939-07:00This comment has been removed by the author.Ecointelligencyhttps://www.blogger.com/profile/09764228437124629520noreply@blogger.comtag:blogger.com,1999:blog-6883247404678549489.post-58617161114864109632019-10-11T12:18:15.201-07:002019-10-11T12:18:15.201-07:00Most papers do not even report the T-statistic and...Most papers do not even report the T-statistic and some that to do, have the T statistic in between the critical values and do not even comment on it, as if it didn´t even exist. I’ve only seen comments on it when the T-statistic is above the I(1) critical value just as a complementary confirmation of cointegration of the variables. <br />From what I´ve read, this problem might arise when the explanatory variables are mutually cointegrated, which if true, should arise as an extremely common problem for this kind of tests shouldn’t it? <br />Ray DVhttps://www.blogger.com/profile/12874509594945887668noreply@blogger.comtag:blogger.com,1999:blog-6883247404678549489.post-45180222998938347542019-10-10T13:02:52.440-07:002019-10-10T13:02:52.440-07:00What happens when the f statistic is highier than ...What happens when the f statistic is highier than the critical value but the t-statistic of the t-Bounds Test lien in between the critical values? Ray DVhttps://www.blogger.com/profile/12874509594945887668noreply@blogger.com