parse_order

It parses the order and checks the integrity of the order input.

internal

Creates complex autoregressive distributed lag (ARDL) models and
constructs the underlying unrestricted and restricted error correction
model (ECM) automatically, just by providing the order. It also performs
the bounds-test for cointegration as described in Pesaran et al. (2001)
<doi:10.1002/jae.616> and provides the multipliers and the cointegrating
equation. The validity and the accuracy of this package have been verified
by successfully replicating the results of Pesaran et al. (2001) in
Natsiopoulos and Tzeremes (2022) <doi:10.1002/jae.2919>.

Kleanthis Natsiopoulos

ARDL

ARDL, ECM and Bounds-Test for Cointegration

Nickolaos Tzeremes

parse_order function

<dl><dt>orders</dt>
<dd>A numeric vector of the same length as the total number of
variables (excluding the fixed ones). If the input is <code>order</code> or
<code>max_order</code> it should only contain positive integers or 0. If the
input is <code>fixed_order</code> it should also contain the value '-1'
indicating that a specific order should not be fixed. An integer could be
provided if all variables are of the same order (or all '-1' in the case of
<code>fixed_order</code>).</dd>
<dt>order_name</dt>
<dd>The name of the function argument that is passed into
<code>order</code>.</dd>
<dt>var_names</dt>
<dd>The names of the variables corresponding to the orders.</dd>
<dt>kz</dt>
<dd>An integer. The number of dependent and independent variables.</dd>
<dt>restriction</dt>
<dd>When the input in <code>orders</code> is either <code>order</code> or
<code>max_order</code> it should be <code>FALSE</code> (default). When the input is
<code>fixed_order</code> it should be '-1' indicating that the input in
<code>orders</code> is a restriction for the 'order' of the model (either upper
bound or fixed order).</dd></dl>

Arguments

Kleanthis Natsiopoulos, <a href="/link/klnatsio%40gmail.com?package=ARDL&version=0.2.4" data-mini-rdoc="ARDL::klnatsio@gmail.com">klnatsio@gmail.com</a>

Author

Order parser — parse_order

<dl>

<dt>orders</dt>
<dd>A numeric vector of the same length as the total number of
variables (excluding the fixed ones). If the input is <code>order</code> or
<code>max_order</code> it should only contain positive integers or 0. If the
input is <code>fixed_order</code> it should also contain the value '-1'
indicating that a specific order should not be fixed. An integer could be
provided if all variables are of the same order (or all '-1' in the case of
<code>fixed_order</code>).</dd>


<dt>order_name</dt>
<dd>The name of the function argument that is passed into
<code>order</code>.</dd>


<dt>var_names</dt>
<dd>The names of the variables corresponding to the orders.</dd>


<dt>kz</dt>
<dd>An integer. The number of dependent and independent variables.</dd>


<dt>restriction</dt>
<dd>When the input in <code>orders</code> is either <code>order</code> or
<code>max_order</code> it should be <code>FALSE</code> (default). When the input is
<code>fixed_order</code> it should be '-1' indicating that the input in
<code>orders</code> is a restriction for the 'order' of the model (either upper
bound or fixed order).</dd>

</dl>

Kleanthis Natsiopoulos, <a href='mailto:klnatsio@gmail.com'>klnatsio@gmail.com</a>

parse_order: Order parser

Description

Usage

Value

Arguments

Author

See Also