Chapter 3: An A–Z guide for complete research when using the autoregressive distributed lag (ARDL) bounds test approach in the broader energy-growth nexus
Abstract
Numerous studies in the energy-growth nexus and other X-variable nexus studies such as the tourism-growth nexus, the environment-growth nexus, or the food-growth nexus have used the ARDL bounds test approach for cointegration. However, these papers rarely include all the ARDL procedure steps in a detailed way, and thus they leave junior researchers puzzled with the series of steps that must be followed and the best-practice examples that need to be followed to receive the least possible number of negative comments by journal reviewers due to the obscure aspects they leave. This chapter ...
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