autocorrelation

[indiex]

Hi,
I have 6 variables: One dependent & 5 independent. I have used multiple regression analysis.

Data is statioanary on 2nd difference.
I'm facing problem of AUTOCORRELATION.What methods should I used to eliminate autocorrelation.

Dependent Variable: D2LGDP
Method: Least Squares
Date: 08/04/10 Time: 19:22
Sample (adjusted): 3 55
Included observations: 53 after adjustments


Coefficient Std. Error t-Statistic Prob.


C 0.001439 0.013153 0.109384 0.9134
D2LPC 0.604184 0.089518 6.749310 0.0000
D2LGE 0.037232 0.029519 1.261260 0.2134
D2LGFCF 0.193190 0.357576 0.540276 0.5916
D2LFDI 0.009153 0.018839 0.485870 0.6293
D2LNE 0.005816 0.003341 1.740549 0.0883


R-squared 0.507125 Mean dependent var 0.003541
Adjusted R-squared 0.454692 S.D. dependent var 0.129623
S.E. of regression 0.095720 Akaike info criterion -1.748501
Sum squared resid 0.430632 Schwarz criterion -1.525450
Log likelihood 52.33529 Hannan-Quinn criter. -1.662726
F-statistic 9.671775 Durbin-Watson stat 2.851623
Prob(F-statistic) 0.000002

[startz]

Take a look at "AR(1)" in the help system.

[indiex]

thanksfor your reply.

I tried to estimte following equation in order to remove autocorrelation problem.

d2lgdp-c(2)*d2lgdp(-1) c(1)*(1-c(2)) c(3)*(d2lpc-c(2)*d2lpc(-1)) c(4)*(d2lge-c(2)*d2lge(-1)) c(5)*(d2lgfcf-c(2)*d2lgfcf(-1)) c(6)*(d2lfdi-c(2)*d2lfdi(-1)) c(7)*(d2lne-c(2)*d2lne(-1))

Error message pops up saying: Near Singular Matrix

I did try to rearrange equation but nothigns happening.

Please help.