Raw Novice - need some advice

For econometric discussions not necessarily related to EViews.

Moderators: EViews Gareth, EViews Moderator

hinchy70
Posts: 1
Joined: Mon Nov 25, 2019 12:30 pm

Raw Novice - need some advice

Postby hinchy70 » Mon Nov 25, 2019 3:20 pm

Hi all,

Please see attached image. For university I have had to create a basic model, I have opted for a multiple regression model to view the effects of oil price on Saudi GDP. I have run tests for multi-collinearity and heteroskedasticity and there does not appear to be either present. I am abit concerned that my model is appearing to indicate that a rise in price will have a negative effect on GDP, this would appear to be counter intuitive to the real world.

Can anyone give me any tips on this, it would be greatly appreciated!

Connor
Attachments
1.png
1.png (35.47 KiB) Viewed 4185 times

AfonsoRod
Posts: 43
Joined: Wed May 31, 2017 7:37 am

Re: Raw Novice - need some advice

Postby AfonsoRod » Tue Nov 26, 2019 9:30 am

There are some things you should do before running your regression, namely the unit root tests. It is not clear if you have done it or not.


Return to “Econometric Discussions”

Who is online

Users browsing this forum: No registered users and 17 guests