VIF scores panel data
Posted: Wed Sep 17, 2014 8:49 am
Hello,
I have a question concerning VIF scores and Eviews.
I have read that VIF scores aren't available in Eviews for panel data, is this still true?
Additionally i read that you can compute the VIF score by this formula VIF= 1/(1-R^2) and you should use the R^2 that you get from regressing your independent variables on each other.
Is this correct?
When regressing my independent variables on one another, i for some reason get a negative R^2, this should be impossible. Could it be that this happens because i haven't selected fixed or random effects?
Manny thanks
I have a question concerning VIF scores and Eviews.
I have read that VIF scores aren't available in Eviews for panel data, is this still true?
Additionally i read that you can compute the VIF score by this formula VIF= 1/(1-R^2) and you should use the R^2 that you get from regressing your independent variables on each other.
Is this correct?
When regressing my independent variables on one another, i for some reason get a negative R^2, this should be impossible. Could it be that this happens because i haven't selected fixed or random effects?
Manny thanks