ARDL / bounds testing Model

Reference sources

Reference material used for orientation; read primary and academic sources first when claims conflict.

1. [S1] Reference

   Pesaran, Shin, and Smith (2001) introduced the bounds-testing approach with F and t critical value tables for five deterministic cases.

   Reference

2. [S2] Reference

   Pesaran and Shin (1999) proved that ARDL-based long-run estimates are consistent and asymptotically normal even with endogenous regressors, provided lag orders are adequate.

   Reference

3. [S3] Reference

   Narayan (2005) tabulated small-sample critical values for the bounds test with T = 30 to 80.

   Reference

4. [S4] Reference

   Kripfganz and Schneider (2020) provided updated critical values and p-values accounting for finite-sample adjustments and additional deterministic components.

   Reference

5. [S5] Reference

   Shin, Yu, and Greenwood-Nimmo (2014) developed the Nonlinear ARDL (NARDL) for testing asymmetric cointegration.

   Reference

6. [S6] Reference

   Banerjee, Dolado, and Mestre (1998) proposed the t-test version of the error-correction-based cointegration test.

   Reference

7. [S7] Reference

   McNown, Sam, and Goh (2018) augmented the PSS bounds test with an additional F-test on the regressors' lagged levels to avoid degenerate cases.

   Reference