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  • ARDL and ARDL ECM Interpretation


    Hi, first time time using ADRL and its error correction model. I have tried going through past posts and online material that could help solve my problem but I have not been able to find any and I need some help interpreting my results. Headline is my dependent variable and the other five are my independent variables i.e., QMS, CI,. IRLR, EREP and QGDP. I can interpret the ADJ value but I am finding it to understand what the results for LR and SR mean. I therefore need your help with;

    1. Interpreting the coefficients under the LR section. I believe an example with one of them will do.

    2. Interpreting IRLR D1, EREP D1 and EREP LD under the SR section.

    Click image for larger version

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    Thank you very much in advance.
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