Page 1 of 1

Insufficient numbers of observations and White Test

Posted: Sat May 14, 2011 3:58 pm
by ddrebelo
Dear all,

I've got this regression function:

xb – xa = α + β1*Di + β2*xb +εi

Where Di is a dummy variable and xb attempts to solve mean regression.
I'm using 29 observations.

When I try to perform a White test using Eviews 7 I get the message: Insufficient number of observations, I'm getting the following message "insufficient number of observations". I've tried to increase the number of observations using 50 but it didn't work.
Any ideas of what the problem might be?

Best regards and thanks in advance to any reply

PS (Question 1!)

Re: Insufficient numbers of observations and White Test

Posted: Sat May 14, 2011 4:40 pm
by EViews Gareth
Could you post the workfile?

Re: Insufficient numbers of observations and White Test

Posted: Sun Sep 01, 2013 3:37 am
by priyanshi
Hi Gareth,

I am trying to run the following regression. It has two dummy variables apart from 5 time series. I am working on a data set containing 3000 observations.

y c y(-1) y1(-1) d1*y1(-1) d2*y1(-1) y2(-1) d1*y2(-1) d2*y2(-1) y3(-1) d1*y3(-1) d2*y3(-1) y4(-1) d1*y4(-1) d2*y4(-1)

However, I am getting the message "Insufficient number of observations". The workfile is attached herewith.

Please help me with issue.

Thank you so much.

Warm Regards
Priyanshi

Re: Insufficient numbers of observations and White Test

Posted: Sun Sep 01, 2013 6:42 am
by startz
You appear to have included this same variable more than once.

Re: Insufficient numbers of observations and White Test

Posted: Sun Sep 01, 2013 7:44 pm
by priyanshi
Dear Startz,

Thank you so much for your kind reply.

I re-checked the equation. However, I couldn't detect the error in the equation. Is 3000 an insufficient number of observations for running this equation? I referred to an academic paper and the author has successfully estimated this model for 752 observations.

I am currently using Eviews 7.

Your guidance will be very helpful.
Thank you.

Warm Regards
Priyanshi

Re: Insufficient numbers of observations and White Test

Posted: Sun Sep 01, 2013 7:55 pm
by EViews Gareth
I copy and pasted your equation specification and it estimated just fine. Make sure your copy of EViews 7 is fully up to date (Help->EViews Update)

Re: Insufficient numbers of observations and White Test

Posted: Sun Sep 01, 2013 8:28 pm
by startz
I misread your posting. As Gareth says, your equation estimates just fine.

Re: Insufficient numbers of observations and White Test

Posted: Mon Sep 02, 2013 5:50 am
by priyanshi
Dear Gareth and Startz,

Thank you so much for your replies. I got the Eviews updated on my machine and re-estimated the equation and it is working successfully now.

Thank you so much!

Warm Regards,
Priyanshi