ARDL Bounds Testing Without Intercept -Is Intercept a must?

22 May 2018 1 2K Report

My ARDL based model is good without intercept and goes bad with addition of Intercept which is also insignificant . I have Case I of the Pesaran Bounds Testing framework. My friends tell me that Intercept must be added even if non-significant as there will be interpretation problems without Intercept as the model will be estimated through the origin.

I need suggestions on this please.

Muhammad Azam Niazi

First one not opening , second one is not in english

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