How to estimate with Pesaran step by step
Posted: Sun Nov 11, 2012 8:30 pm
I have many variables some of them are integrated in level, and other I(1), I(2)
Dependent variable
PGDP I(1)
Independent Variable :
BankL I(0)
GOVL I(1) ,
GOVS I(1) ,
I I(0) ,
INF I(2) ,
M I(2) ,
SO HOW TO ESTIMATE THESE VARIABLES WITH Pesaran model
Dependent variable
PGDP I(1)
Independent Variable :
BankL I(0)
GOVL I(1) ,
GOVS I(1) ,
I I(0) ,
INF I(2) ,
M I(2) ,
SO HOW TO ESTIMATE THESE VARIABLES WITH Pesaran model