Page 1 of 1
Newbie EVIEWS user - need technical assistance for forecasting commands/codes
Posted: Mon Jun 22, 2020 5:45 pm
by casablanca
i have run an ARIMA (1,1,2) model with GDP Growth Rate as the dependent variable and I added Consumer Price Index as a independent variable. My sample size is annual from 1964 to 2019. The model generated only gave the forecast for the year 1964 to 2019. my question is how to generate the forecast for the succeeding years. I am new in EVIEWS so i am not quite acquainted with the commands as of date. your feedback is highly appreciated. thanks
- arima eviews.png (19.85 KiB) Viewed 8742 times
Re: Newbie EVIEWS user - need technical assistance for forecasting commands/codes
Posted: Mon Jun 22, 2020 5:50 pm
by EViews Gareth
Do you have CPI data over the forecast period?
Re: Newbie EVIEWS user - need technical assistance for forecasting commands/codes
Posted: Mon Jun 22, 2020 6:05 pm
by casablanca
i do not have the CPI data for the succeeding years though. but in case i have, what will i do? should i just the data to the series? or are there any additional commands ? thanks
Re: Newbie EVIEWS user - need technical assistance for forecasting commands/codes
Posted: Mon Jun 22, 2020 6:06 pm
by casablanca
Do you have CPI data over the forecast period?
i do not have the CPI data for the succeeding years though. but in case i have, what will i do? should i just the data to the series? or are there any additional commands ? thanks
Re: Newbie EVIEWS user - need technical assistance for forecasting commands/codes
Posted: Mon Jun 22, 2020 7:42 pm
by EViews Gareth
If you had data there, the forecasts would probably work ok.
Re: Newbie EVIEWS user - need technical assistance for forecasting commands/codes
Posted: Mon Jun 22, 2020 9:34 pm
by casablanca
If you had data there, the forecasts would probably work ok.
tried to add some data for the CPI (2020-2025) but it didn't work quite well though. the generated value is the same for the next 6 years.