PMG Estimation: Imposing LR Coefficient(s)
Posted: Wed Apr 24, 2019 11:48 am
Looking for some assistance on my existing .prg on PMG estimation:
I have a v. simple PMG estimation:
I wanted to test & impose a unit coeff on Gbp in the LR equation; I presume this is possible ?
I defined a new variable:
then tried to estimate again:
but got an error dialogue:
see PMG_Eviews_Dialogue1.jpg
then tried with a constant:
but got an error dialogue:
see PMG_Eviews_Dialogue2.jpg
Any guidance on imposing/testing LR coefficients appreciated
I have a v. simple PMG estimation:
Code: Select all
equation Gmanu_Gbp.ardl log(Gmanu) log(Gbp)I wanted to test & impose a unit coeff on Gbp in the LR equation; I presume this is possible ?
I defined a new variable:
Code: Select all
genr GmanuGbp=(Gmanu/Gbp)Code: Select all
equation Gmanu_Gbp.ardl log(GmanuGbp)but got an error dialogue:
see PMG_Eviews_Dialogue1.jpg
then tried with a constant:
Code: Select all
equation Gmanu_Gbp.ardl log(GmanuGbp) C see PMG_Eviews_Dialogue2.jpg
Any guidance on imposing/testing LR coefficients appreciated