NEED HELP - OLS Data Processing & Making Inferences

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ahmad104
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Joined: Mon Mar 25, 2013 9:21 pm

NEED HELP - OLS Data Processing & Making Inferences

Postby ahmad104 » Mon Mar 25, 2013 9:29 pm

Dear friends,

I'm a new student in econometrics and is helping myself to use the eviews effectively.

I've done the following:-

1. I've entered the following into the workfile, where the data were obtained from WDI databank:-
- Gross Fixed Capital Formation (% of GDP)
- GDP (Constant LCU)
- Market Capitalization of Listed Companies (% of GDP)

2. I converted all the above into natural log

Assistance Needed:-
1. How to interpret the correlation coefficient?
2. How to interpret the P value and R Square
3. How to improve the model by adding other VAR?

Anyone who is able to assist?

Thanks in advance

Ahmad :D

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