Under what circumstances would the ARDL be preferable to the JJ Procedure with respect to checking for co integration?

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Shemelis Kebede Hundie

Hi dear, greetings!

In addition to points mentioned by Arun Vishnu Kumar, ARDL is preferable when your sample size is small. You can refer to the article attached herewith.

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Mansour Zarra-Nezhad

ِDear Salim

The two above answers are correct. It is better to use ARDL method when your sample size is small; and you have to use it if your data is I(0) and I(1).