Methodology for Thesis ,Please Help

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eishtiaqkhan
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Joined: Mon Mar 24, 2014 3:21 am

Methodology for Thesis ,Please Help

Postby eishtiaqkhan » Mon Mar 24, 2014 3:39 am

Dear Sir,
i am new user to Eviews, i have Eviews 7.and my Supervisor Suggested to work on my Thesis Data.
i want to test multi county (South Asian) data,
Variables are real GDP, Renewable energy consumption , Gross capital and labor

methodology involves the following four steps

Step 1: Testing for the Order of Integration.
Panel unit root used (e.g. Maddala and Wu 1999),

Step 2: Testing for possible Cointegration.
Pedroni test for cointegration used among variables.

Step 3: Estimating long run parameters (If Cointegration is found in Step 2).
Long Parameters using DOLS method.

Step 4: Examining the causal direction
a panel vector error correction model Pesaran et al. (1999) will be estimated. The Engle-Granger (1987) two-step procedure will be used.

Kindly Help me in this regard.
i shall be very Thankful.
Regard

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