hi everyone.
I'm running a regression where I'm told to include TIME as an independent variable. So my question is: should I state the values of this variable as 1,2,... ? and if this is correct this variable wouldnt be stationary so, would I have to look at the first difference?
maybe E views have some resources to create this kind of varaibles, I would really appreciate some suggestions.
thanks a lot.
time as an independent variable
Moderators: EViews Gareth, EViews Moderator
-
startz
- Non-normality and collinearity are NOT problems!
- Posts: 3797
- Joined: Wed Sep 17, 2008 2:25 pm
Re: time as an independent variable
It's generally fine to include a time trend.
Take a look at the EViews function @trend for creating one.
Take a look at the EViews function @trend for creating one.
Re: time as an independent variable
thanks a lot startz
Return to “Econometric Discussions”
Who is online
Users browsing this forum: No registered users and 2 guests
