Doubt with estimate equation, coefficient.

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pabloo8
Posts: 6
Joined: Sat Sep 01, 2012 11:23 am

Doubt with estimate equation, coefficient.

Postby pabloo8 » Sat Sep 01, 2012 11:34 am

I don't know if this is the correct topic.

I have an unusual doubt, maybe a silly doubt. I am estimating a model with a dependent variable and four independent variable. I estimate with the metod Least Squares and I get the equation and the result of all the coefficients are 1. The r-square is also 1. It's a little weird, I think.

The data is ok. I don't know what i've done wrong. ¿What do you think?


Thank you four help.

startz
Non-normality and collinearity are NOT problems!
Posts: 3798
Joined: Wed Sep 17, 2008 2:25 pm

Re: Doubt with estimate equation, coefficient.

Postby startz » Sat Sep 01, 2012 11:52 am

Yes, you've done something wrong. But there's no way to tell what it is without a lot more information.

pabloo8
Posts: 6
Joined: Sat Sep 01, 2012 11:23 am

Re: Doubt with estimate equation, coefficient.

Postby pabloo8 » Sat Sep 01, 2012 12:46 pm

I'm thinking about what i've done wrong but I don't know. Maybe introducing the data, but i've just imported the data from a excel, and the data is from an official estatistic institute, copy-paste.

I've estimated with quick/estimate equation/dep variable c indep variable

Do you need something info else? I haven't done anything else..

EViews Gareth
Fe ddaethom, fe welon, fe amcangyfrifon
Posts: 13604
Joined: Tue Sep 16, 2008 5:38 pm

Re: Doubt with estimate equation, coefficient.

Postby EViews Gareth » Sat Sep 01, 2012 1:24 pm

Post your workfile.

pabloo8
Posts: 6
Joined: Sat Sep 01, 2012 11:23 am

Re: Doubt with estimate equation, coefficient.

Postby pabloo8 » Sat Sep 01, 2012 2:09 pm

Here it is
Attachments
pabloo8.wf1
(11.8 KiB) Downloaded 361 times

EViews Gareth
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Joined: Tue Sep 16, 2008 5:38 pm

Re: Doubt with estimate equation, coefficient.

Postby EViews Gareth » Sat Sep 01, 2012 2:56 pm

You're estimating an identity. PIB is actually equal to the sum of the independent variables. Thus the results are correct.

pabloo8
Posts: 6
Joined: Sat Sep 01, 2012 11:23 am

Re: Doubt with estimate equation, coefficient.

Postby pabloo8 » Sat Sep 01, 2012 3:12 pm

Yes, it's equal to the sum..So, the result of the coefficients are ok??Haven't I done anything wrong?The estimate is ok?

EViews Gareth
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Re: Doubt with estimate equation, coefficient.

Postby EViews Gareth » Sat Sep 01, 2012 5:16 pm

Without going into a lecture on econometrics, you cannot estimate an identity.

pabloo8
Posts: 6
Joined: Sat Sep 01, 2012 11:23 am

Re: Doubt with estimate equation, coefficient.

Postby pabloo8 » Sat Sep 01, 2012 5:39 pm

So, I can't estimate this model and I should choose another if I want to estimate a model...right?

Sorry, I'm not very good at econometrics

EViews Gareth
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Posts: 13604
Joined: Tue Sep 16, 2008 5:38 pm

Re: Doubt with estimate equation, coefficient.

Postby EViews Gareth » Sat Sep 01, 2012 9:41 pm

There is nothing to estimate with this model.

pabloo8
Posts: 6
Joined: Sat Sep 01, 2012 11:23 am

Re: Doubt with estimate equation, coefficient.

Postby pabloo8 » Sun Sep 02, 2012 12:06 pm

Ok!!! Thank you very much for everything!! You've helped me a lot!!!


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