Model |
Equation |
Selected Lag Length |
Selected Model |
M1 |
F(lnKLCI | MCS, MOPR, lnMRM2, MTS, USFUND) |
2 |
ARDL(2, 0, 2, 1, 1, 1) |
M2 |
F(MCS | lnKLCI, MOPR, lnMRM2, MTS, USFUND) |
2 |
ARDL(1, 2, 0, 1, 2, 2) |
M3 |
F(MOPR | lnKLCI, MCS, lnMRM2, MTS, USFUND) |
2 |
ARDL(1, 1, 1, 0, 1, 1) |
M4 |
F(lnMRM2 | lnKLCI, MCS, MOPR, MTS, USFUND) |
2 |
ARDL(1, 2, 2, 2, 1, 1) |
M5 |
F(MTS | lnKLCI, MCS, MOPR, lnMRM2, USFUND) |
2 |
ARDL(2, 2, 1, 2, 1, 0) |
M6 |
F(lnKLCI | MCS, MOPR, lnMRM2, MTS, LNUSTA) |
5 |
ARDL(3, 2, 2, 1, 0, 4) |
M7 |
F(MCS | lnKLCI, MOPR, lnMRM2, MTS, LNUSTA) |
5 |
ARDL(4, 0, 0, 1, 2, 4) |
M8 |
F(MOPR | lnKLCI, MCS, lnMRM2, MTS, LNUSTA) |
5 |
ARDL(2, 5, 5, 0, 1, 5) |
M9 |
F(lnMRM2 | lnKLCI, MCS, MOPR, MTS, LNUSTA) |
5 |
ARDL(4, 3, 2, 2, 1, 2) |
M10 |
F(MTS | lnKLCI, MCS, MOPR, lnMRM2, LNUSTA) |
5 |
ARDL(1, 2, 1, 5, 2, 5) |