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Re: st: 0 lag command for Pooled Mean Group (PMG) Estimator


From   Nick Cox <[email protected]>
To   "[email protected]" <[email protected]>
Subject   Re: st: 0 lag command for Pooled Mean Group (PMG) Estimator
Date   Thu, 21 Nov 2013 09:50:41 +0000

Please see the advice about not repeating questions more than once.

http://www.stata.com/support/faqs/resources/statalist-faq/#noanswer

Nick
[email protected]


On 21 November 2013 04:07, Bee Wah TAN <[email protected]> wrote:

> I am running the Pooled Mean Group (PMG) estimator. The best lag
> length - AIC, BIC for my  ARDL model is (1,2,1,1). Thus, the PMG
> command is written as this:-
>
> xtpmg d(1).lrgdpc d(1/2).lglob d(1).lpri d(1).lsmc, lr(l.lrgdpc lglob
> lpri lsmc) ec(ec) replace pmg
>
> After determine the ARDL best lag is (1,2,1,1) and run out the PMG
> results, I continue with diagnostic checking, and the command for
> serial correlation diagnostic check is as below:-
>
> First, I run the regression base on the best lag:-
> reg dlrgdpc lglob lpri lsmc dlrgdpc(-1) dlglob dlglob(-1) d.dlglob(-2)
> dlpri dlpri(-1) dlsmc dlsmc(-1)
>
> Then, I test the serial correlation test by putting the xtserial command:-
> xtserial dlrgdpc lglob lpri lsmc dlrgdpc(-1) dlglob dlglob(-1)
> d.dlglob(-2) dlpri dlpri(-1) dlsmc dlsmc(-1)
>
> My question is:-
> 1. What is the command for 0 lag? For lag 1, we put d(1).lglob for
> example. If lag 0, is that we need to write d(0).lglob for 0 lag??
> 2. I am running the xtserial diagnostic checking but I am not sure
> whether it is the correct way/command? Can someone advice me further?
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