Data - what's the measure of econ development? try taking log difference of the data, if you haven't done so.
Speicification - how did you select lag length? detrend data. you may want to test unit root vs. unit with structural change. best wishes.
Search found 3 matches
- Tue Dec 31, 2013 7:38 am
- Forum: Econometric Discussions
- Topic: Unit Root Work-around?
- Replies: 1
- Views: 2439
- Tue Dec 31, 2013 7:30 am
- Forum: Econometric Discussions
- Topic: Econometric models for my dissertation
- Replies: 2
- Views: 4548
Re: Econometric models for my dissertation
i am sure there are several empirical studies on this topic. reading those will be your starting point, for example, http://ideas.repec.org/p/ecb/ecbwps/20101237.html
later you may also explore setting up a simultaneous equation model. best wishes.
later you may also explore setting up a simultaneous equation model. best wishes.
- Fri Dec 27, 2013 8:05 am
- Forum: Add-in Support
- Topic: ZAURoot (Zivot-Andrews Unit Root test)
- Replies: 89
- Views: 181128
Re: ZAURoot (Zivot-Andrews Unit Root test)
My Eviews version doesn't support add-ins for the Zivot-Andrews unit root test with structural break. It will be really helpful if someone test the data (attached) for the 2nd and the 3rd columns separately and post the full result?