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Thanks, I need to change the independent variables or to switch to another instrument.

Dependent Variable: FORMAC Method: ML - Binary Logit (Newton-Raphson / Marquardt steps) Date: 05/17/22 Time: 18:28 Sample: 1 1004 Included observations: 919 Failure to improve likelihood (singular hessian) after 6 iterations Coefficient covariance computed using observed Hessian WARNING: Singular co...

Hi
I am using Eviews 12.
I need some help in running this binary regression of formac c female age prim sec ter using binary estimation. I have attached the data file below.
Thank you.
Oops sorry wrong file posted earlier. This is the correct file fininc

Ok thanks

It is integrated of order 0.

What estimation technique is suitable for my data which is integrated of order 0? Do I just run a OLS. Can Cointegration be used, after doing a panel cointegration test. DOLS since ARDL is not available for panel data.

My kudos to you for your help. Yes, I didn't realize the naming of the variables can give me so much trouble because I was checking on other issues like the steps in involved.
Thank you, once again.

I have a problem, trying to reshape my panel data which comprises 79 cross section and 7 years to a pooled data. I have 11 variables there - TC, EL, IS, GE, PGDP, GAP, IFI1, IFI2, IFI3, EF.
The file is attached below. Can you help?
Tq

Tq. It works.

Hi I have a problem with this CGE model. When I run it, it comes out with the error message "CONSgov" is an illegal or reserved name in "SERIES "CONSGOV"". I don't understand this. Attached file contains the prg. Can you help to check this and provide a solution. Tq tin...

Thanks

Are the critical values in MHM option under Johansen Cointegration test the same? Since there is no option to display all the CV at the same time, I have to change it each time to get the different CV under different level?

One option is to increase the number of cross section data or reduce the time series data. Run it and see how it goes. Another is not to use the difference option in the GMM specification box. It works well if you don't use the difference option.

Hi Gareth,

Thanks for the reply. Is there any way I can get those CV numbers - from statistical tables in text books? I will be happy to know the reference for them.

Hi Gareth

The Eviews output for cointegration give the 0.05 CV for both the trace and max-eigen statistics.
Is there any way, i can get the 0.01 and 0.10 CV as a comparison in the same output.

Thanks