Eviews 7: Dummy variable creation

[lnp3]

Dear list,

I have already entered panel data in excel. how does Eviews recognize dummy variable after importing into eviews?

does it require special coding? I have two dummy variables. Can i give the same code (1-0) for each of the variables? or should I use a different code for financial crisis?

1) Ownership dummy= Ownership dummy representing domestic ownership; 1 when a bank is owned by a national; 0 otherwise (foreign)
2) financial crisis dummy: binary variable that indicates the state of the economy "crisis" or "normal" crisis=1, normal=0

here are my dummy variables in excel.

please help!!

[EViews Gareth]

What it your question?

[lnp3]

my question is the following:

after I import panel data into eviews, do I have to write a special code for dummy variables?

in other words, do dummy variables need special rearrangement/ or coding after being imported into eviews or do I treat them like other variables?

I hope it is clear.

[startz]

A dummy variable is like any other variable.

By the way, in the Excel file you posted it looks like the dummy variables are miscoded.

[lnp3]

thanks for the response.

you mean financial crisis dummy was miscoded. right? I have figured out the problem.

financial crisis dummy: binary variable that indicates the state of the economy "crisis" or "normal"

crisis=1, normal=0 (btw, does it matter if crisis is 0, normal is 1?)

I hope this is correct now. can you double check the attached file?

thanks a lot again.