Greetings!
I'm quite new to useing EViews and i got a couple og questions for basic usage. I have been trying to read through the EViews user guide with no luck.
I'm trying to estimate the correlation matrix between a set of variables, but i'm quite clueless how to do so.
I got an excel spreadsheet containing two tables.
Anual GDP growth in % and Anual growth in food consumption(%). Both in year (t) (See excel attachment)
add: trying to estimate the correlation matrix between Consume(t),consume(t-1),consume(t-2),GDP(t),GDP(t-1),GDP(t-2)
version: 7.1
Thanks
correlation matrix
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correlation matrix
- Attachments
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- consumeGDP.xlsx
- (9.31 KiB) Downloaded 805 times
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startz
- Non-normality and collinearity are NOT problems!
- Posts: 3797
- Joined: Wed Sep 17, 2008 2:25 pm
Re: correlation matrix
Read the data into EViews. Then open a group window with the variables you want. Then choose View/Covariance analysis and tick correlation
Re: correlation matrix
Thanks!
but in order to estimate the correlation with -1/-2 observations , Would it be a correct apporach to create a new object -> group and enter "consume consume(-1) consume(-2) GDP GDP(-1) GDP(-2)"?
edit:
solved:I am also conducting a Breusch-Godfrey test
So far i have generated a new serie by equation "u_t=resid"
I'm then trying to estimate u_t useing the following equation:
u_t=A_1+A_2 consume_(t-1)+A_3 GDP+A_4 GDP_(t-1)+C_1 u_(t-1)+u_t
When estimating the equation do i simply enter: "u_t c consume(-1) GDP GDP(-1) u_t(-1)" ?
Hope this made any sense at all.
but in order to estimate the correlation with -1/-2 observations , Would it be a correct apporach to create a new object -> group and enter "consume consume(-1) consume(-2) GDP GDP(-1) GDP(-2)"?
edit:
solved:I am also conducting a Breusch-Godfrey test
So far i have generated a new serie by equation "u_t=resid"
I'm then trying to estimate u_t useing the following equation:
u_t=A_1+A_2 consume_(t-1)+A_3 GDP+A_4 GDP_(t-1)+C_1 u_(t-1)+u_t
When estimating the equation do i simply enter: "u_t c consume(-1) GDP GDP(-1) u_t(-1)" ?
Hope this made any sense at all.
-
startz
- Non-normality and collinearity are NOT problems!
- Posts: 3797
- Joined: Wed Sep 17, 2008 2:25 pm
Re: correlation matrix
After you estimate an equation, the B-G test is built-in under the View menu. You may also want to look up the AR command if you're trying to fix serial correlation.
Re: correlation matrix
I have been trying to read through the EViews user guide with no luck.I'm trying to estimate the correlation matrix between a set of variables,????
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Last edited by Champion1 on Tue Apr 12, 2016 11:21 pm, edited 1 time in total.
-
startz
- Non-normality and collinearity are NOT problems!
- Posts: 3797
- Joined: Wed Sep 17, 2008 2:25 pm
Re: correlation matrix
Open a group and choose View/Covariance analysisI have been trying to read through the EViews user guide with no luck.I'm trying to estimate the correlation matrix between a set of variables,????
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