hello, it's the first time that I use e-views and I never studied statistics before, but I am quite interesting in. So I am trying to resolve this exercise, it's an exam, using maddison data, and comparing chinese GDP per capita with South-Korea one.
1Plot the series.
2Examine the correlograms.
3Fit an autoregressive model to each
series by least squares. Try ARs of
different orders. (If you call your series
Y then EViews reads Y(-1) as Y lagged
once.)
Then I should comment and I will start writing about the difference between those 2 economies. there is anyone able to help me please?
Thanks a lot in advance.
Giuliana
1Plot the series.
2Examine the correlograms.
3Fit an autoregressive model to each
series by least squares. Try ARs of
different orders. (If you call your series
Y then EViews reads Y(-1) as Y lagged
once.)
Then I should comment and I will start writing about the difference between those 2 economies. there is anyone able to help me please?
Thanks a lot in advance.
Giuliana