External Debt and Nigerian Economic Growth Connection: Evidence from Autoregressive Distributed Lag Approach

External private debt and economic growth: Is there a lead-lag Granger-casual relationship? evidence from Turkey

An Autoregressive Distributed Lag Modelling Approach to Cointegration Analysis¤

This paper examines the use of autoregressive distributed lag (ARDL) models for the analysis of long-run relations when the underlying variables are I(1). It shows that after appropriate augmentation of the order of the ARDL model, the OLS estimators of the short-run parameters are p T -consistent with the asymptotically singular covariance matrix, and the ARDL-based estimators of the long-run ...

Factor Augmented Autoregressive Distributed Lag Models

This paper proposes a factor augmented autoregressive distributed lag (FADL) framework for analyzing the dynamic effects of common and idiosyncratic shocks. We first estimate the common shocks from a large panel of data with a strong factor structure. Impulse responses are then obtained from an autoregression, augmented with a distributed lag of the estimated common shocks. The approach has thr...

The Impact of Government Education Expenditures on the Human Development Index in ‎Iran: Autoregressive Distributed Lag

In recent years, the inclusion of human development in the country's development plans shows the importance of the human development index for policy-making and planning. One of the important factors that can play a great role in improving the human development index is education. In this regard, The present study tries to investigate the effect of educational expenditures in higher, secondary ...

Price and Income Elasticity of Australian Retail Finance: An Autoregressive Distributed Lag (ARDL) Approach

This paper models the price and income elasticity of retail finance in Australia using aggregate quarterly data and an autoregressive distributed lag (ARDL) approach. We particularly focus on the impact of the global financial crisis (GFC) from 2007 onwards on retail finance demand and analyse four submarkets (period analysed in brackets): owneroccupied housing loans (Sep 1985–June 2010), term ...