{smcl} {* *! version 1.0.6 06feb2023}{...} {title:Title} {phang} {bf:ardl legacy} {hline 2} legacy, out-of-date options and behavior of commands included in the {help ardl} package {marker listoflegacyentries}{...}{* * * * * * * * * * * * * * LIST OF LEGACY ENTRIES * * * * * * * * * * * * * * * * * } {title:List of legacy entries} {help ardl_legacy##ardl:ardl} {help ardl_legacy##btest:estat btest} {marker abbreviations}{...}{* * * * * * * * * * * * * * * * * ABBREVIATIONS * * * * * * * * * * * * * * * *} {title:Abbreviations and definitions used in this help entry} {pstd} See the {help ardl##abbreviations:abbreviations section of ardl}. {marker ardl}{...}{* * * * * * * * * * * * * * * * * * * ARDL * * * * * * * * * * * * * * * * * } {bf:{dlgtab 0 0:ardl}} {marker ardl_options_short}{...} {title:Legacy options} {synoptset 25 tabbed}{...} {synopthdr} {synoptline} {syntab:Syntax I} {synopt:{opt minl:ag1}}like option {opt ec1}, but in addition requires at least one lag for {it:indepvars}{p_end} {synopt:{opt bt:est}}display Pesaran/Shin/Smith (2001) bounds test{p_end} {synoptline} {p2colreset}{...} {marker ardl_description}{...} {title:Description} {pstd} This help section lists options from former versions of the {cmd:ardl} command that have been superseded by other commands or options but that continue to work for backward compatibility reasons. {marker ardl_options}{...} {title:Legacy option detail} {phang} {opt minl:ag1} will only consider models where {it:indepvars} have at least one lag, i.e. the optimal lag selection iterations will skip models where one or more of these variables have a lag length of zero. An implication of this is that you may not use option {opt minlag1} in conjunction with a lag specification in option {opt lags} that sets the lag order of any variable to zero. {pmore} If in addition option {opt ec} is specified, the error-correction output of the long-run regressors (other than the dependent variable) are expressed in terms of time t-1. Without usage of option {opt minlag1}, the default of option {opt ec} is to write them in terms of time t. {phang} {opt bt:est} displays the F- and t-statistics in relation to the long-run relationship, and displays critical values for these statistics tabulated in PSS. Superseded by {help ardl_legacy##btest:estat btest}, which in turn has been superseded by {help ardl_postestimation##ectest:estat ectest}. {marker storedresults}{...} {title:Saved results} {pstd} {cmd:ardl} saves the following as historical results in {cmd:e()}. These items can be listed using the {opt all} option of {help return list}. {synoptset 20 tabbed}{...} {p2col 5 20 24 2: Matrices}{p_end} {synopt:if option {opt ec} or {opt ec1} was used:}{p_end} {synopt:{cmd:e(F_critval)}}PSS/Narayan critical values, F-statistic, bounds test for case {it:casenum}{p_end} {synopt:{cmd:e(t_critval)}}PSS/Narayan critical values, t-statistic, bounds test for case {it:casenum}{p_end} {marker btest}{...}{* * * * * * * * * * * * * * * * ESTAT BTEST * * * * * * * * * * * * * * * * * } {bf:{dlgtab 0 0:estat btest}} {phang} {bf:legacy routine estat btest} {hline 2} legacy, out-of-date postestimation command for {help ardl} to perform the bounds testing procedure for a levels relationship. It has been superseded by {help ardl_postestimation##ectest:estat ectest}. {title:Syntax for estat btest} {p 8 17 2} {cmd:estat {ul:bt}est} {cmd:,} [ {cmd:n}[{cmd:(}{it:nobs}{cmd:)}] ] {title:Description for estat btest} {pstd} {cmd:estat btest} implements the bounds test for a levels relationship proposed by {help ardl##PSS2001:PSS}. The F-statistic and the t-statistic, which are dependent on the specification of the {help ardl##deterministiccomponents:model deterministics}, are displayed along with critical values of the associated non-standard distributions provided by PSS (large sample critical values) and {help ardl##N2005:NAR} (small sample critical values). {pstd} You must use one of the options {opt ec} or {opt ec1} in your {cmd:ardl} model for bounds test-related statistics to be available. {pstd} The t-statistic is only available for PSS tables. {pstd} To avoid pretesting problems, PSS suggest to apply the bounds test only to ARDL models without restrictions on the short-run coefficients (i.e. with a sufficiently high and common lag order for the regressors). However, {cmd:estat btest} displays the F-statistic and t-statistic as well as the relevant critical values for any model specification. {title:Options for estat btest} {phang} {cmd:n}[{cmd:(}{it:nobs}{cmd:)}] determines whether small sample critical values should be tabulated. Argument {it:nobs} is optional. If it is not specified, {cmd:estat btest} uses the sample size from the estimation results in memory. Available sample size tabulations range from 30 to 80 with increments of 5. If {it:nobs} does not exactly match one of these numbers, {cmd:ardl btest} picks the one that is closest. {pmore} If {opt n} or {opt n(nobs)} is not specified, or if {it:nobs} is larger or equal than 83, large sample critical values are displayed. {marker storedresults}{...} {title:Saved results of estat btest} {pstd} {cmd:estat btest} stores the following results for the PSS bounds test in {cmd:r()}: {synoptset 15 tabbed}{...} {p2col 5 15 19 2: Scalars}{p_end} {synopt:{cmd:r(case)}}{it:casenum} for model deterministics{p_end} {synopt:{cmd:r(F_pss)}}F-statistic, calculated according to {it:casenum}{p_end} {synopt:{cmd:r(t_pss)}}t-statistic, calculated according to {it:casenum}{p_end} {synoptset 15 tabbed}{...} {p2col 5 20 24 2: Matrices}{p_end} {synopt:{cmd:r(F_critval)}}critical values, F-statistic, PSS bounds test for {it:casenum}{p_end} {synopt:{cmd:r(t_critval)}}critical values, t-statistic, PSS bounds test for {it:casenum}{p_end}