WitrynaApplication of Nonlinear Autoregressive Distributed Lag (NARDL) Model for Analysis of the Asymmetric Effects of Real Exchange Rate Volatility on Vietnam’s Trade Balance. Witryna1 mar 2024 · The NARDL method has the following attributes: firstly, the co-integration link will be calculated using the ordinary least squares (OLS) by choosing the correct lag order. Secondly, irrespective of the order I(0), I(1)), or both, the NARDL technique remains important.
Effect of political stability on environmental quality: long-run and ...
WitrynaConsequently, we propose a two-step estimation framework, in which the parameters of the long-run relationship are estimated first using the fully-modified least squares estimator before the dynamic parameters are estimated by OLS in the second step. We show that our two-step estimators are consistent for the parameters of the NARDL … Witryna22 lip 2024 · The results of the NARDL method applied to the case of Saudi Arabia during the period 1984–2024 showed that the positive change in biomass energy … braw scottish tours reviews
Oil and food prices in Malaysia: a nonlinear ARDL analysis
WitrynaThe study applied the non-linear autoregressive distributed lag (NARDL) methods to determine the asymmetrical effect of government debt on GDP growth. The estimated long-run parameters for positive and negative shocks of government debt are -0.104 and -0.738 respectively. The results suggest that a 1% increase in debt will be followed by … Witryna17 sie 2024 · The NARDL method has the benefit of discriminating the long-term and short-term asymmetric carbon emission responses due to a positive and negative shock in our primary variables of interest. Mainly, the findings of NARDL estimations confirm that positive shocks in globalization and financial developments have a significant … Witryna14 lut 2024 · The study employs NARDL model developed by Shin et al. (2014) to explore the relationship between consumer sentiment (based on the CCI) and … braw scran edinburgh