Serial Correlation, What order??

[kim0185]

Hi
I'm about to make an estimation on some interestrates. Howewer the Durbin Watson statistic show indication that there might be prescence of serial correlation. Who do i find out, what order the serial correlation is?? First, second or third-order??

Thanks

[startz]

Hi
I'm about to make an estimation on some interestrates. Howewer the Durbin Watson statistic show indication that there might be prescence of serial correlation. Who do i find out, what order the serial correlation is?? First, second or third-order??

Thanks

The Durbin-Watson is a test for first-order serial correlation.
You can use the Breusch-Godfrey LM test to test for higher order serial correlation.