NARDL Model in EViews using Add-ins (Part 2/5) || EViews Tutorials || Non Linear ARDL

[@LeCassiopeia]

Hi, this is super informative, tysm for sharing! However, do you not have to obtain long run and short run statistics using the long run form and bounds test option?

[@sabashah1160]

Kindly give the interpretation of results obtained at last.

[@komalkanwarshekhawat_]

Kindly watch this one- kzbin.info/www/bejne/emjOqa2gg5KNh8U I have explained the results' interpretation also.

[@asadali]

Please make a video on GMM too. and also use Stata and eviews both Thank you

[@komalkanwarshekhawat_]

I have already uploaded a video on GMM. Please check the playlist. 😊

[@adlfvt]

Thankyou for the great explanation. Currently, I'm running this model on panel data. However, it turns out to show a different output layout when I click the "make NARDL" add-ins, which show long-run and short-run equations are divided into two rows, while the video shows all variable estimation in one row. Moreover, for further analysis of NARDL, I want to perform the bound test, but I can't find the Long Run Form and Bound Test menu on the coefficient diagnostic list. Is it because the data is a panel? How can I perform the bound test on panel data using this eviews? Can you give any solution to this? I'm using eviews10.

[@komalkanwarshekhawat_]

Your welcome. For NARDL model output you can also refer this video. Regarding further analysis of NARDL, I didn't get your question. To my understanding there is less possibility of bound test approach for Panel ARDL as a system. Instead, individual groups may be tested for bounds. The procedure that you could follow - Any Long run test for coefficient estimation/ cointegration test - Bound Test - Wald long run asymmetry test Then for robustness you can employ - NARDL Model - Diagnostic test - ARCH test Lastly you can also obtain CUSUM and CUSUMQ graphs. kzbin.info/www/bejne/emjOqa2gg5KNh8U

[@adishbansal6579]

Wonderful video madam. I have a query. How to interpret this output? and if there is any different process for time series data or it remains the same?

[@komalkanwarshekhawat_]

I have already uploaded a video on how to interpret the results. The process is same for time series data also. Thanks

[@adishbansal6579]

@@komalkanwarshekhawat_ Hello mam, i am facing a problem. Even after applying the model, heteroskedasticity still comes out to be significant in residual diagnostic. How to overcome this problem mam?

[@komalkanwarshekhawat_]

@@adishbansal6579 See this video on how to remove heteroscedasticity.

[@komalkanwarshekhawat_]

@@adishbansal6579 kzbin.info/www/bejne/h57SeY14p65-gJo

[@chandnirana369]

Maam when i change my variable like re instead of cr then the same problem arise with re.please help me

[@komalkanwarshekhawat_]

If you are downloaded NARDL using add ins then there is no need for this. The results will be obtained directly.

[@mansoorahmed4150]

nice explanation. I have one question. these NARDL results only represent short-run analysis? how to check long-run co-integration?

[@komalkanwarshekhawat_]

Thank you. In another video of NARDL I have also explained how to obtain long run estimates.

[@SabasSliceofLife]

I checked but couldn't find, could you please send us the link of that video?@@komalkanwarshekhawat_

[@bhattianamika]

Well doing dost🥰

[@komalkanwarshekhawat_]

Thank you so much Yaar ❤️

[@michaeliawidjaja7791]

I have question. How if the independent variable is more than one? I’ve tried to put 4 IV, but the nardl model only detect the first IV for the positive and negative.

[@komalkanwarshekhawat_]

I think you have made a mistake. You can put more than one IV. Please cross check . Thanks.

[@michelliasantosa8478]

@@komalkanwarshekhawat_ I had renamed the variables shorter, and it worked. Thank you.

[@agoogleuser6452]

Hello madam, what can I do if I haven't add ins menu in task bar? I am using E views 12 student version. Please give any solution 😭

[@komalkanwarshekhawat_]

This option is not available in student version.

[@agoogleuser6452]

@@komalkanwarshekhawat_ Mam, please suggest a solution if that option is not available?

[@komalkanwarshekhawat_]

@@agoogleuser6452 You need to get subscription for EViews or download the crack version.

[@agoogleuser6452]

@@komalkanwarshekhawat_ Is crack version of eviews safe?

[@mansoorahmed4150]

I have one more question. The ARDL and NARDL model only can be applied when the variables are stationary at level, and also stationary at first difference? right madam? means some at the level and some at 1st difference?

[@komalkanwarshekhawat_]

Right 👍

[@ketkikaushik3789]

Hello di , Very informative and well explained video . Just a query , the results of NARDL are long run or short ??

[@komalkanwarshekhawat_]

Thank you Ketki 🤗 NARDL provides both short run and long run estimates.

[@ketkikaushik3789]

@@komalkanwarshekhawat_ Di in this video , the results of NRDL are of long run ? If I want to calculate both long and short run in Eviews 12 . Then what are the steps.

[@komalkanwarshekhawat_]

@@ketkikaushik3789 Follow this one - kzbin.info/www/bejne/emjOqa2gg5KNh8U In the end of the video I have explained how to obtain long run coefficients.

[@ketkikaushik3789]

@@komalkanwarshekhawat_ Thank you so much di . Lucky to have a senior like you .

[@komalkanwarshekhawat_]

@@ketkikaushik3789 So kind of you. Grateful and thank you. Best wishes 🤗🤗

[@chandnirana369]

Maam I follow the same procesd

[@komalkanwarshekhawat_]

Done ?

[@gagansingh9893]

👌🏻👌🏻👍🏻

[@komalkanwarshekhawat_]

Thank you Gagan 😊

[@EjikemeEsther-gx6py]

Hello ma to run the Ardl model its saying singular matrix. What am I doing wrong ma

[@komalkanwarshekhawat_]

There is presence of Multicollinearity in your data.

[@EjikemeEsther-gx6py]

@@komalkanwarshekhawat_ how about when it is saying not defined, is it also the presence of multicollinearity in my data?

[@komalkanwarshekhawat_]

@@EjikemeEsther-gx6py What is not defined?

[@EjikemeEsther-gx6py]

@@komalkanwarshekhawat_ for example I was checking for genroil = oil_oil (-1) And it is saying oil not defined.

[@komalkanwarshekhawat_]

@@EjikemeEsther-gx6py your variable oil is not defined. If it is not there in the list you can't generate its lag. First make sure your variable is defined.