Eviews 8: Extrapolation
Posted: Sat Jun 13, 2015 2:40 pm
Hi guys,
right now I am working on panel data
with 80 countries as cross-sections and
each country with data either starting from 1959 or starting from 1964, going until 2009 in 5 year periods
Now, my problem is the following: for one of the variables, there is missing data for each country until about 1971, however, the paper i am repeating, says that they extrapolated the missing data. The variables I am talking about are changing very slowly over time (democracy indicator and rule of law), so I thought that it would be easiest / best to "extrapolate" by simply taking the last value, or taking the avg over the last couple of values. If any of these two methods results in values, that are too far off from the existing series, I would consider linear extrapolation...
But I cannot find out how to do any of this in Eviews.
Thanks in advance for your help :D
right now I am working on panel data
with 80 countries as cross-sections and
each country with data either starting from 1959 or starting from 1964, going until 2009 in 5 year periods
Now, my problem is the following: for one of the variables, there is missing data for each country until about 1971, however, the paper i am repeating, says that they extrapolated the missing data. The variables I am talking about are changing very slowly over time (democracy indicator and rule of law), so I thought that it would be easiest / best to "extrapolate" by simply taking the last value, or taking the avg over the last couple of values. If any of these two methods results in values, that are too far off from the existing series, I would consider linear extrapolation...
But I cannot find out how to do any of this in Eviews.
Thanks in advance for your help :D