However, ultimately, a positive trend of each variable is noticeable, making the data set suitable for advanced econometric analysis such as ARDL bounds testing of cointegration of the variables under consideration.
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The effects of carbon emissions, rainfall, temperature, inflation, population, and unemployment on economic growth in Saudi Arabia: An ARDL investigation.
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The ECM model produced an error correction coefficient for cointegrating equation [(denoted as CointEq (-1)], which was -1.79 and highly significant at the 1% level.