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Keywords: ARDL
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Journal Articles
Journal:
Journal of Forest Economics
Journal of Forest Economics (2017) 27 (1): 60–69.
Published: 01 April 2017
...Melike Bildirici; Fulya Ozaksoy In this paper, the structure of the relationship between woody biomass energy consumption and real perCapita GDP was analyzed in the period of 1980–2012 for the selected African countries by ARDL (Autore-gressive Distributed Lag), nonlinear ARDL, Granger causality...
Journal Articles
Journal:
Journal of Forest Economics
Journal of Forest Economics (2013) 19 (2): 149–161.
Published: 01 April 2013
..., avoiding supply shortages. On the other hand, and according to the economic law of supply, the timber price shows a positive effect. The ARDL model exhibits several advantages. First, it takes a sufficient number of lags to represent appropriately the data-generating process in a general-to-specific...
