Uporedite metode

	Estimator potpuno modifikovanih OLS (FMOLS)	ARDL test granica (Pesaran test granica)	Regresija običnih najmanjih kvadrata (OLS)
Oblast	Ekonometrija	Ekonometrija	Ekonometrija
Porodica	Regression model	Regression model	Regression model
Godina nastanka	1990	2001	2019
Tvorac	Phillips & Hansen (time series); Pedroni (heterogeneous panels)	Pesaran, Shin & Smith	Wooldridge (textbook treatment); classical least squares
Tip	Cointegrating regression estimator	Cointegration test / Autoregressive distributed lag model	Linear regression
Temeljni izvor	Phillips, P. C. B. & Hansen, B. E. (1990). Statistical Inference in Instrumental Variables Regression with I(1) Processes. Review of Economic Studies, 57(1), 99–125.	Pesaran, M. H., Shin, Y., & Smith, R. J. (2001). Bounds Testing Approaches to the Analysis of Level Relationships. Journal of Applied Econometrics, 16(3), 289–326.	Wooldridge, J. M. (2019). Introductory Econometrics: A Modern Approach (7th ed.). Cengage Learning. ISBN: 978-1337558860
Drugi nazivi	fully modified OLS, Phillips-Hansen FMOLS, Tam Düzeltilmiş OLS (FMOLS)	Pesaran bounds test, bounds testing approach, ARDL cointegration test, ARDL Sınır Testi (Pesaran Bounds Test)	ordinary least squares, classical linear regression, linear regression, en küçük kareler regresyonu
Srodne	5	4	5
Sažetak	Fully Modified OLS, introduced by Phillips and Hansen (1990), estimates the long-run coefficients of a cointegrating relationship among I(1) variables. It applies a semi-parametric correction to ordinary least squares to remove the bias that endogeneity and serial correlation otherwise induce in cointegrated time series or panel data.	The ARDL bounds test is an autoregressive distributed lag method that tests for a cointegrating (long-run level) relationship between time series, introduced by Pesaran, Shin and Smith in 2001. Unlike the Johansen procedure, it remains valid whether the variables are I(0), I(1) or a mix of the two, and it is more reliable than Johansen in small samples of roughly 30 to 80 observations.	Ordinary Least Squares is the classical linear regression method that explains a continuous outcome as a linear combination of predictors. It estimates the coefficients by minimising the sum of squared residuals, and under the Gauss-Markov assumptions these estimates are the best linear unbiased estimator (BLUE).