Fully modified ols
Posted: Tue Jul 01, 2014 2:53 am
by Sunny hasan
hi.. i Apply fully modified ols on panel data in eviews 8... in results constant term result not show.. why is it??? why fully modified ols not consider constant term in eviews 8 on panel data?? help me plzz
Re: Fully modified ols
Posted: Tue Jul 01, 2014 2:04 pm
by EViews Glenn
From the manual
The Estimation Output, Representations, Covariance Matrix views of an equation only show results for the cointegrating equation and the long-run coefficients. In the representations view, the presence of individual trend coefficients is represented by the presence of the expression “[CX=DETERM]”. Similarly, the Coefficient Diagnostics do not include any of the deterministics. Note also that the short-run dynamics added in DOLS estimation are not included in these views.
(Note that EViews while does not display the coefficients for the deterministics and short-run dynamics, the coefficients are used in constructing relevant measures such as fit statistics and residuals.)
• You may use the Individual Coefficients view to examine the estimated trend coefficients for each cross-section.
Re: Fully modified ols
Posted: Sat Jul 05, 2014 10:29 am
by Sunny hasan
thnx a lot