Table 6 Meaning of some acronyms.
Abbreviation | Full meaning |
|---|---|
ARCH LM test | Autoregressive conditional heteroscedasticity LM test |
ARDL | Autoregressive distribution lag |
B-G serial Corr. LM test | Breusch–Pagan serial correlation LM test |
ECM | Error correction model |
FDI | Foreign direct investment |
NARDL | Nonlinear autoregressive distribution lag |
OPEC | Organisation of petroleum exporting countries |
SVAR | Structural vector autoregressive |
WTI | West Texas international |