I am dealing with a company profile that was established in 2005. For most of the variables, the information is available either till 2021 or 2018.
My concern is whether a time series ARDL application for 2005-2018 or 2005-2021 will be enough to report acceptable results or not. Since the company is established recently, there is no other way to increase the time period also. If possible, is there any study or reference that has applied such short time period data for time series analysis?
Thank you in advance for all your suggestions and opinions.
That cleary is based on how complex data you have. If it's not complicated, is mostly similar over the years and nothing special, it should be more than enough. If it's chnaging a lot and is not a bit similar over the years or maybe seasonality is like every 4 years or something more complicated, it can be hard. In the end you will never know until you try it.
Hi Nivaj,
please take a look at the following link: Article Research on the dynamic relationship between China's renewab...
I see that the author uses time series analysis
Best,
Apostolos