Good day, I enjoy all the lectures which you make accessible to all. It has greatly impacted my analytical skills. Could you do a video on how to carry out simultaneous equations with eviews (using both the manual and the command options). Thank you.
Thanks Sir! There is no diagnosis like the normality and heteroskedasticity test as well as the autocorrelation on ARDL Panel. And thank you for your answer sir!
Thank you Dr. Your tutorial is more useful the person who engage in the research. I have a question, How do we conclude the long-run relationship in the panel ARDL?
Thank you for this tutorial. I have a question please. My dependent variable is I(0) and my independent variables is mixture I(1) and I(0). So, is it possible to apply Panel ARDL
Thank you. I am conducting research on the short-run and long-run effects of FDI on ASEAN countries using panel data (10 countries, 20 years, and 5 variables for each of the countries). I am wondering which method of estimation I should use. I have already carried out unit root tests that indicated my data for the majority of countries, 6 of them, is I(0) and I(1), however for the residual 4 there are some variables I(2). I would appreciate suggestions, thank you.
What if cointegrating equation (speed of adjustment/ error correction term) value is positive and insignificant (In Short run equation panel of ARDL results)? kindly explain
Thank you for the good explanation. I have one question please, How can we include regressors being fixed ( for example the initial level of GDP) in the specification. When I do so, I have a message error "Near singular matrix"
@@ChekwubeMadichie thanks for your response. In fact, I have created in my excel file a new variable called initial GDP Wich is actually the value of GDP per Capita in 1970 (the starting point in time), which is time invariant variable ,but vary from a cross section to another . And then I tried to include it in my regression equation using the estimation approach you've described in your tutorial.
@@bbouchra1000 I understand your problem. Such data structure comes with an error message of near singular matrix. Such could be possible for country-specific data but errors abound for panel. But try put the variable in the box labeled Fixed Regressors.
I have arranged 54 conntry 2002 to 2020 5 veriable data set and try to import in eviews 12 while i select dated pannel and input year and coutry identifyer it gives error message that cross identyfier ir lets say countey id value is dublicated what should i do. Thanks in advance .
Hello sir please what can cause the THRESHOLD technic to disappear from the available technique in e-vews if one want to run a data using the threshold analysis for a number of selected countries in the ecowas region.
Sir, when you did stationary test, you mentioned that you consider the variables to be stationary at first difference. But at 9:29 when you put the equation you did not specify as first difference (FDI COCO ACEL). However when the equation was run I saw that the dependent variable as D(FDI). But in the short run variables are still not in first difference (COCO ACEL) although long run variables seems to be in first difference D(COCO) D(ACEL). Does it mean that when we run equation we do not need to put it as first difference? I mean is this way D(FDI) D(COCO) D(ACEL) not necessary for the equation? Thank you.
The estimated equation clearly shows the longrun and shortrun components of the results. Those with in differences are the shortrun component with the error correction term while those in levels are the longrun component. When you are setting up the equation, you don't have to add difference operator to the variables. The difference operator is added automatically.
sir, i am conducting a research on the Asian countries HDI is my dependent variable and remaining are independent variables. sir, i am confused in selecting the model, because my dependent variable is based on both quantitative and qualitative variables. my variables are integrated of mixed order now please guide me that can i use panel ARDL Model for this or not?
Your time (T) dimension is probably not sufficient for the number of variables and lags in your regression. Consider dropping some variables and/or reducing the number of lags.
Dear sir in ARDL estimation where I should put my control variables ? Either with Independent variables or with fixed regressor ? Kindly guide me Thanks
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Thank you
Perfect presentation dear Dr, thanks
Thanks sir
@@ChekwubeMadichie ARDL(1,1,1) model was selected, but in the short run results i could not see the lagged variable. Why is that?
Good day, I enjoy all the lectures which you make accessible to all. It has greatly impacted my analytical skills. Could you do a video on how to carry out simultaneous equations with eviews (using both the manual and the command options). Thank you.
Thanks Sir! There is no diagnosis like the normality and heteroskedasticity test as well as the autocorrelation on ARDL Panel. And thank you for your answer sir!
Thank you for your videos. How to conduct AHC analysis for PANEL DATA?
Thank you very much
Welcome
Thank you Dr.
Your tutorial is more useful the person who engage in the research. I have a question, How do we conclude the long-run relationship in the panel ARDL?
Just see ECT!
How to get long run coefficient of cross section elements. Please reply.
Can we see the effect of Wheat prices of last two years (lag-1 and Lag-0) on wheat production this year using ARDL?
Sir i want to ask whether in panel ardl , do we have to check residual diagnostics and stability test ????
what it means if the cointegrated equation (speed of adjustment or error correction term) is not negative and prob is insignificant?
What if cointegrating equation (speed of adjustment/ error correction term) value is positive and insignificant ? kindly explain
Thank you for this tutorial. I have a question please. My dependent variable is I(0) and my independent variables is mixture I(1) and I(0). So, is it possible to apply Panel ARDL
The conventional ARDL strictly assumes I(1) DV. However, you may find the Bootstrap ARDL useful since it also addresses the issue with I(0) DV.
@@ChekwubeMadichie I hope you make a tutorial on this as it is a frequently encountered case. thank you once again
I'm working on it. Thanks
Thank you. I am conducting research on the short-run and long-run effects of FDI on ASEAN countries using panel data (10 countries, 20 years, and 5 variables for each of the countries). I am wondering which method of estimation I should use. I have already carried out unit root tests that indicated my data for the majority of countries, 6 of them, is I(0) and I(1), however for the residual 4 there are some variables I(2). I would appreciate suggestions, thank you.
Why did you opt for cross sectional independence rather than cross sectional dependence in testing for unit root..?
What if cointegrating equation (speed of adjustment/ error correction term) value is positive and insignificant (In Short run equation panel of ARDL results)? kindly explain
Thank you for the good explanation. I have one question please, How can we include regressors being fixed ( for example the initial level of GDP) in the specification. When I do so, I have a message error "Near singular matrix"
How did you generate the initial level of GDP? Did you lag GDP? What is the length your time dimension?
@@ChekwubeMadichie thanks for your response. In fact, I have created in my excel file a new variable called initial GDP Wich is actually the value of GDP per Capita in 1970 (the starting point in time), which is time invariant variable ,but vary from a cross section to another . And then I tried to include it in my regression equation using the estimation approach you've described in your tutorial.
@@bbouchra1000 I understand your problem. Such data structure comes with an error message of near singular matrix. Such could be possible for country-specific data but errors abound for panel. But try put the variable in the box labeled Fixed Regressors.
@@ChekwubeMadichie I tried it right now, it works, but there exist no estimation for the specific effect.
I have arranged 54 conntry 2002 to 2020 5 veriable data set and try to import in eviews 12 while i select dated pannel and input year and coutry identifyer it gives error message that cross identyfier ir lets say countey id value is dublicated what should i do. Thanks in advance .
Hello sir please what can cause the THRESHOLD technic to disappear from the available technique in e-vews if one want to run a data using the threshold analysis for a number of selected countries in the ecowas region.
Sir, when you did stationary test, you mentioned that you consider the variables to be stationary at first difference. But at 9:29 when you put the equation you did not specify as first difference (FDI COCO ACEL). However when the equation was run I saw that the dependent variable as D(FDI). But in the short run variables are still not in first difference (COCO ACEL) although long run variables seems to be in first difference D(COCO) D(ACEL). Does it mean that when we run equation we do not need to put it as first difference? I mean is this way D(FDI) D(COCO) D(ACEL) not necessary for the equation? Thank you.
The estimated equation clearly shows the longrun and shortrun components of the results. Those with in differences are the shortrun component with the error correction term while those in levels are the longrun component. When you are setting up the equation, you don't have to add difference operator to the variables. The difference operator is added automatically.
Can i use panel ardl model where one IDV i.e. GDP is stationery at 2nd level..and few are at 1st level and few are at level.
sir, i am conducting a research on the Asian countries HDI is my dependent variable and remaining are independent variables. sir, i am confused in selecting the model, because my dependent variable is based on both quantitative and qualitative variables. my variables are integrated of mixed order now please guide me that can i use panel ARDL Model for this or not?
how can import data to be by contry
i am applying panel ARDL but there is an error "near singular matrix". how to fix that error
Your time (T) dimension is probably not sufficient for the number of variables and lags in your regression. Consider dropping some variables and/or reducing the number of lags.
Hi
How do I choose between Panel ARDL (None , Constant(Level) , linear trend) in trend specification
Using EViews 12
please help me to do that
hi sir..why do i get singular matrix?..kindly help
Dear sir in ARDL estimation where I should put my control variables ? Either with Independent variables or with fixed regressor ? Kindly guide me
Thanks
Kindly reach out through my email. Thanks
Very Low audio volume,
Thanks for the review. I will work on it.