I have a v. simple PMG estimation:
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equation Gmanu_Gbp.ardl log(Gmanu) log(Gbp)
I wanted to test & impose a unit coeff on Gbp in the LR equation; I presume this is possible ?
I defined a new variable:
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genr GmanuGbp=(Gmanu/Gbp)
then tried to estimate again:
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equation Gmanu_Gbp.ardl log(GmanuGbp)
but got an error dialogue:
see PMG_Eviews_Dialogue1.jpg
then tried with a constant:
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equation Gmanu_Gbp.ardl log(GmanuGbp) C
but got an error dialogue:
see PMG_Eviews_Dialogue2.jpg
Any guidance on imposing/testing LR coefficients appreciated