NARDL Model (Part 1/5) || How to interpret NARDL results || EViews || EViews Tutorials

[@tinaparate5400]

Hi Ma'am, I have a question. Now I know how to get long-term coefficients, but what about the significance of thse long-run coefficients? How to get p-value for those? Also, which are the short-run coefficients? I am doing NARDL on STATA and I got variables like var1 and d(var1), I thought var1 could be long-run and and d(var1) could be short-run. I am using the NARDL module created by Marco Sunder. Could you please help me

[@bellisma77]

Thank you for your channel ❤. I would like to ask is it possible to trend the correlation of 10 variables within 25 days for a panel data? If so, what are the statistical analysis to do so? Thank you

[@komalkanwarshekhawat_]

What are the cross- section units in your data set ?

[@خالدحسينحمزةالسعيدي]

سلام عليكم دكتورة هل ممكن تلقي محاضرة على نموذج ardl في panel date في برنامج افيوز ١٣ ‏‪

[@bellisma77]

@@komalkanwarshekhawat_ 66 air quality stations

[@r327079]

Can you pl make a vdo on KPSS test on stock pair.

[@komalkanwarshekhawat_]

Thanks for the suggestion. Will upload. 👍

[@same174]

Hello Komal, I have encountered an issue while I was running a NARDL model using the Add-in s on Eviews. The "Make Testable Form" doesn't work for me to use the Wald test asymmetry test. I was wondering if you could help me with that. As I see you used a process rather than the add-in s.

[@komalkanwarshekhawat_]

This video explains how to run Nardl model using the add-ins . kzbin.info/www/bejne/qqCvmYCAibFnq5o

[@same174]

@@komalkanwarshekhawat_ Thanks for your response. I know how to use add-ins to run NARDL. My question was about "Make Testable Form" option to use it for testing Asymmetry. The option doesn't work for me and I asked if you could help me with that.

[@mansoorahmed4150]

Thank you for your nice explanations. I have one question. After confirming the level and 1st difference of series data, is there need to apply bound/BDS test when the purpose is to apply NARDL model?

[@komalkanwarshekhawat_]

Your welcome. Yes, you can go ahead with showing results of Bound test.

[@mansoorahmed4150]

@@komalkanwarshekhawat_ thank you for your reply. We will be waiting for your more videos on detailed analysis of ARDL and NARDL using Panel data, also how to do LAG ORDER SELECTION CRITERIA. Please include these videos in the upcoming days.

[@komalkanwarshekhawat_]

@@mansoorahmed4150 Thanks for the suggestions. Will upload videos soon.

[@florencefiokuna4738]

Please can you put the command for the lagged variable in the description box?

[@komalkanwarshekhawat_]

Kindly join my telegram group. I have pinned the commands there. It's quite difficult to put all commands in the comment section. Thanks!

[@florencefiokuna4738]

Thank You

[@sibtainbarkat9734]

Ma'am do you make videos regarding regarding SPSS and other statistical analysis??

[@komalkanwarshekhawat_]

Yes...please check other playlists.

[@sibtainbarkat9734]

@@komalkanwarshekhawat_ thanks

[@adityarazpokhrel7626]

Subscribed. Thank you. In NARDL we can also use the variables I(1) as well unlike ARDL, according to Shin et. al. (2014) right ?

[@komalkanwarshekhawat_]

Thank you. Yes, as mentioned in the video none of the variable should be integrated of order 2. All the variables should be either I(0) or I(1).

[@chandnirana369]

Good morning maam.maam I have NARDL test on 6 variable but ECM gives value of only 2 variable

[@komalkanwarshekhawat_]

Please elaborate your query.

[@troyzan1608]

Thanks for the video. The model specification for both ARDL and NARDL model are the same?

[@komalkanwarshekhawat_]

Not really.

[@aminaahmedalibelal5676]

How to do the same procedure with PANEL DATA? Thanx in advanced

[@komalkanwarshekhawat_]

The procedure is same. 👍

[@bhattianamika]

Always helpful🥰

[@komalkanwarshekhawat_]

Always thankful 🤗🌸

[@igs8483]

when will we use nardl? and not ardl? any circumstances?

[@komalkanwarshekhawat_]

NARDL is a robust method over ARDL as Nardl also includes non-linearities or asymmetries i.e both the positive and the negative aspects of a variable.

[@igs8483]

@@komalkanwarshekhawat_ like I heard that use ardl when dependent is stationary on first difference while nardl when is stationary on level, is it true? major difference in both applying condition

[@shambhavipanday5995]

Excellent ✌ ❤

[@komalkanwarshekhawat_]

Thank you 🤗

[@amuurij2695]

hello madam, thank you for this series of videos. could there be videos about Quantile VAR ?

[@komalkanwarshekhawat_]

Grateful 🙏 Shall try to upload a video on Quantile VAR.

[@knowledgeforsuccess35]

Nice 👍 keep it up komal

[@komalkanwarshekhawat_]

Thank you dear 🤗😊

[@chandnirana369]

Good morning Maam. Maam when I apply NARDL I got n is not defined something cr pos is not defined. Cr is my variable name

[@komalkanwarshekhawat_]

It means that you have not defined your variable in the previous command. Do check again. Further, you can run the model without using the commands by installing add ins. kzbin.info/www/bejne/qqCvmYCAibFnq5o Watch this video on How to run NARDL using EViews in 7 minutes.

[@komalkanwarshekhawat_]

Here I can't attach the file/ image. Join my telegram group- EViews, SPSS, Stata and R t.me/kshekhawat I shall share the command there.

[@chandnirana369]

Thank you so much Maam

[@chandnirana369]

@@komalkanwarshekhawat_ I joined your chanel. Please share the command 🙏

[@leenakaushal123]

⁠pl text your telegram id

[@richapatel8892]

What should be the minimum time period for running nardl model

[@komalkanwarshekhawat_]

Ideally the longer the time period, better would be the results. For panel data analysis - should have atime span of atleast 20 years in order to reflect a better forecasting picture.

[@richapatel8892]

And what should be minimum time frame for time series data

[@komalkanwarshekhawat_]

Atleast 20 years.

[@fransd5335]

I appreciate your swift response. I need assistance; when I tried to generate the lagged, negative and positive change in the dependent and independent variable it’s say my negative independent not definition that is dy_n is not defined. Please see my code below with my variable eco=dependent y=independent; genr deco=eco-eco(-1) genr dy=y-y(-1) genr pos = dy >=0 genr dy_p = pos*dy genr dy_n = (1.pos)*dy genr y_p = @cumsum(dy_p) genr y_n = @cumsum(dy_n)

[@komalkanwarshekhawat_]

It should be genr dy_p = (1- pos)*dy

[@fransd5335]

@@komalkanwarshekhawat_ You’re great

[@fransd5335]

@@komalkanwarshekhawat_ You’re great. 👍👍👍

[@chandnirana369]

Maaam i got all variable long run values but in short run I got only 2 variable result why

[@komalkanwarshekhawat_]

Please elaborate your query. Thanks.

[@michelliasantosa8478]

Thankyou for the explanation. May i ask, is this nardl tutorial also applicable for panel data?

[@komalkanwarshekhawat_]

Your welcome. Yes, you can run NARDL on panel data also.

[@fransd5335]

Thanks a lot. This is very insightful. I must say your video is the shortest but details lesson I have ever had on KZbin. Please is panel data suitable for NARDL or only time series?

[@komalkanwarshekhawat_]

Thank you so much. 🤗 Both time series and panel.

[@fransd5335]

@@komalkanwarshekhawat_ I appreciate your swift response. I need assistance; when I tried to generate the lagged, negative and positive change in the dependent and independent variable it’s say my negative independent not definition that is dy_n is not defined. Please see my code below with my variable eco=dependent y=independent; genr deco=eco-eco(-1) genr dy=y-y(-1) genr pos = dy >=0 genr dy_p = pos*dy genr dy_n = (1.pos)*dy genr y_p = @cumsum(dy_p) genr y_n = @cumsum(dy_n)

[@chandnirana369]

Thank you ma'am 😊

[@komalkanwarshekhawat_]

Welcome dear 🤗

[@gagansingh9893]

👍🏻👍🏻👍🏻👍🏻

[@komalkanwarshekhawat_]

🤗🤗😊

[@bhartisingh5399]

🥰🥰🥰

[@komalkanwarshekhawat_]

🤗🤗

[@ahmedwaleed9289]

Simply install addon, your process is time consuming

[@komalkanwarshekhawat_]

Thanks for the suggestion. Firstly, this is not my process. This is one of the ways to run NARDL in case someone can't use/access/run the Add-ins. In the upcoming video I'll be explaining the same using add-on.

[@komalkanwarshekhawat_]

Here it is- kzbin.info/www/bejne/qqCvmYCAibFnq5o Hope it helps. 😊

[@ahmedwaleed9289]

@@komalkanwarshekhawat_ nice