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I'm running into a dead-end with my regression. I'm using a 2SLS model to determine if US foreign aid has a statistically significant on long-term econ development in recipient country. To keep it brief: my data has a unit root; when I take the 1st or the 2nd difference, it too is not stationary. I ...

I'm a rookie and don't know what i'm doing. Using Eviews 8. I'm trying to do a 2SLS regression since endogeneity is likely. I want to find the effect of foreign aid on GDP growth. I plan on first establishing a benchmark that looks like: GDP=c+human capital+trade+public consumption I will then add m...