cointgraph |

View a graph of the estimated cointegrating relation form of an ARDL estimated equation.

This view is only available for non-panel equations estimated using the ARDL method.

Syntax

equation_name.cointgraph

Examples

wfopen http://www.stern.nyu.edu/~wgreene/Text/Edition7/TableF5-2.txt

equation eq02.ardl(deplags=3, reglags=3, fixed) log(realcons) log(realgdp) @ @expand(@quarter, @droplast)

show eq02.cointgraph

This example uses data from Greene (2008, page 685), containing quarterly US macroeconomic variables between 1950 and 2000. The first line of this example downloads the data set, the second line creates an equation object and estimates an ARDL model with the log of real consumption as the dependent variable. Three lags of the dependent variable, and three lags of the log of real GDP are used as dynamic regressors. Quarterly dummy variables are included as static regressors.

The final line views a graph of the cointegration representation of the estimation.

Cross-references

See “Autoregressive Distributed Lag (ARDL) Models” for further discussion.