Ramsey Test - ARDL Model

[Rose Banda]

Hi Everyone,

My ardl model has passed every test (eg Jarque-Bera normality test, White test and LM test) except the Ramsey reset test (results below). Is it still okay to present the results? I have no missing variables in my time series. The cusum is also within the 5% bound.

Ramsey RESET test using powers of the fitted values of ltrade
Ho: model has no omitted variables
F(3, 36) = 4.04
Prob > F = 0.0142

Thanks

[Carlo Lazzaro]

Rose:
RESET simply tests that the functional form of the conditional mean is correctly specified.
It does not test the absence of potentially relevant predictors (despite being often sold as an omitted variable test).

[joseph Mgaya]

I have the same problem, so i should not worry about it?

[Sebastian Kripfganz]

Please avoid posting the same question in multiple topics. An answer was given here: https://www.statalist.org/forums/for...50#post1736150