Panel Data (low DW stat)

[victovictor]

Hi guys and moderators!

Please help if you see this! i am working on my thesis right now. im using eviews 7....

I am dealing with panel data from period 1985 to 2004.

I have regressed my panel data using OLS and i get a R square of 0.2 and DW stat of 0.4..... i have about 500 observations

The p values of my coefficients of my x1, x2, x3, x4 are very significant, appromx close to 0.

Hence, i am suspecting that there is serial correlation of my residuals as suggested by my DW stat..

so what should i do now?

i read about VEC and VAR. should i be doing this? and if so...how could i go about it??

appreciate your replies!! =)

[victovictor]

why does my post keep appearing here?? i remembered posting it in estimation?

[EViews Gareth]

Because it is more appropriate here, rather than in Estimation. Nothing about your question is EViews related.