Hi,
I have this Table and I need to explain the numerical values, and interpret them.
Is there an error correction mechanism?
https://imgur.com/a/f95Oo
And I don't know how to interpret these values.
Before that I had a
VAR Residual Serial Correlation LM Tests https://imgur.com/a/fqWHy, I concluded that there was no serial correlation (because the p-value are >5% for every lag except for lag = 3). Am I right?
A Trace Test https://imgur.com/a/VPLQr
We can reject the null hypothesis "None", and so that there's one cointegrated equation because the p-value > 0.05 (at most 1) so we can't reject the null hypothesis. Am I right?
Thanks in advance (and sorry for my english)
Error Correction VECM
Moderators: EViews Gareth, EViews Moderator
Re: Error Correction VECM
Dear JMar,
Could you send me these images at the reply.
The link is not working.
Regards.
Could you send me these images at the reply.
The link is not working.
Regards.
Re: Error Correction VECM
Thank you for your reply,
I've attached the images to the post.
Thanks again.
I've attached the images to the post.
Thanks again.
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- 2.png (76.49 KiB) Viewed 4948 times
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- 3.png (81.36 KiB) Viewed 4948 times
Re: Error Correction VECM
Dear JMar,
First:
The parameter values of the independent variables are positive (the true values are the inverse of what it is shown). All these variables have a positive relation with dependent variable.
Second:
Could you make EigenValue Test?
Regards.
First:
The parameter values of the independent variables are positive (the true values are the inverse of what it is shown). All these variables have a positive relation with dependent variable.
Second:
Could you make EigenValue Test?
Regards.
Re: Error Correction VECM
Thank you very much for your answer jmagomez.
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