Although recent articles have stressed the importance of testing for unit roots and cointegration in time-series analysis, practitioners have been left without a straightforward procedure to implement ...

A model with first-order autoregressive errors, AR(1), has the form while an AR(2) error process has the form and so forth for higher-order processes. Note that the ...

Demographic effects and user costs in demand systems have usually been modelled explicitly. A more robust approach is a state space formulation of the demand system, where time-varying intercepts ...

Through a non-linear autoregressive distributed lag model, we find that although fertility is affected when the unemployment rate rises, a fall in the unemployment rate does not affect it. Thus, our ...

The relationship between economic growth and sustainable energy in India and China is examined using the non-linear autoregressive distributed lag model. The empirical results show that economic ...