EViews.com

Hi all,

I am using EViews8, and I am modelling VAR. Basically, I am following a methodology found in the literature to forecast crude oil prices, and one of the proposed endogenous variables is a proxy for the change in global crude oil inventories. The authors suggest scaling U.S. crude oil inventories by the ratio (OECD petroleum inventories over U.S. petroleum inventories). So, I have got the first variable (U.S. oil inverntories), and I have calculated the ratio. How do I scale this data? Does anyone know what was meant by the authors, and how do I scale the first variable by that ratio in EViews?
Any help will be much appreciated.

I mean what is the code to scale one variable by another variable? How can we scale data in EViews?

Define what you mean by scale.

Define what you mean by scale.

I mean combining two different variables with different scales (one measured in million barrels, another one is a ratio) to compute a new variable. Is there any command to do something similar?

Explain what you mean, in detail. Ideally using math.