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Doubt with estimate equation, coefficient.

Posted: Sat Sep 01, 2012 11:34 am
by pabloo8
I don't know if this is the correct topic.

I have an unusual doubt, maybe a silly doubt. I am estimating a model with a dependent variable and four independent variable. I estimate with the metod Least Squares and I get the equation and the result of all the coefficients are 1. The r-square is also 1. It's a little weird, I think.

The data is ok. I don't know what i've done wrong. ¿What do you think?


Thank you four help.

Re: Doubt with estimate equation, coefficient.

Posted: Sat Sep 01, 2012 11:52 am
by startz
Yes, you've done something wrong. But there's no way to tell what it is without a lot more information.

Re: Doubt with estimate equation, coefficient.

Posted: Sat Sep 01, 2012 12:46 pm
by pabloo8
I'm thinking about what i've done wrong but I don't know. Maybe introducing the data, but i've just imported the data from a excel, and the data is from an official estatistic institute, copy-paste.

I've estimated with quick/estimate equation/dep variable c indep variable

Do you need something info else? I haven't done anything else..

Re: Doubt with estimate equation, coefficient.

Posted: Sat Sep 01, 2012 1:24 pm
by EViews Gareth
Post your workfile.

Re: Doubt with estimate equation, coefficient.

Posted: Sat Sep 01, 2012 2:09 pm
by pabloo8
Here it is

Re: Doubt with estimate equation, coefficient.

Posted: Sat Sep 01, 2012 2:56 pm
by EViews Gareth
You're estimating an identity. PIB is actually equal to the sum of the independent variables. Thus the results are correct.

Re: Doubt with estimate equation, coefficient.

Posted: Sat Sep 01, 2012 3:12 pm
by pabloo8
Yes, it's equal to the sum..So, the result of the coefficients are ok??Haven't I done anything wrong?The estimate is ok?

Re: Doubt with estimate equation, coefficient.

Posted: Sat Sep 01, 2012 5:16 pm
by EViews Gareth
Without going into a lecture on econometrics, you cannot estimate an identity.

Re: Doubt with estimate equation, coefficient.

Posted: Sat Sep 01, 2012 5:39 pm
by pabloo8
So, I can't estimate this model and I should choose another if I want to estimate a model...right?

Sorry, I'm not very good at econometrics

Re: Doubt with estimate equation, coefficient.

Posted: Sat Sep 01, 2012 9:41 pm
by EViews Gareth
There is nothing to estimate with this model.

Re: Doubt with estimate equation, coefficient.

Posted: Sun Sep 02, 2012 12:06 pm
by pabloo8
Ok!!! Thank you very much for everything!! You've helped me a lot!!!