...-commercial purposes), subject to full attribution to the original publication and authors. The full terms of this licence may be seen at Link to the terms of the CC BY 4.0 licence . Non-performing loans Agricultural credit risk ARDL model Prais-Winsten regression Banking sector recapitalisation...

... on their portfolios. Originality/value The study uses dummy variables in the ARDL model to represent structural breaks that emerged from the COVID-19 pandemic (as determined by the Bai–Perron multiple breakpoint test). The study also used the Perron unit root test to find out the stationary of the series...

.... Further, the F-bounds test was run to justify the long-run relationship between monetary policy and economic growth. Thereafter, long-run coefficients were revealed from the auto-regressive distributed lag (ARDL) model and short-run coefficients from the error correction model. Furthermore...

... by Pesaran et al. (2001) . The ARDL model bases on an ordinary least squares (OLS) modelling. It is appropriate to mixed order of integration [i.e. I (0) and/or I (1)] (Shrestha and Bhatta, 2018). Some advantages accrue to this method: it does not impose restrictive assumptions or same order...