Abstract
We review the literature on the autoregressive distributed lag (ARDL) model, from its origins in the analysis of autocorrelated trend stationary processes to its subsequent applications in the analysis of cointegrated non-stationary time series. We then survey several recent extensions of the ARDL model, including asymmetric and non-linear generalisations of the ARDL model, the quantile ARDL model, the pooled mean group dynamic panel data model and the spatio-temporal ARDLÂ model.
Original language | English |
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Pages (from-to) | 7-32 |
Journal | Journal of Economic Surveys |
Volume | 37 |
Issue number | 1 |
DOIs | |
Publication status | Published - 2021 |