近来做分析论文 120个发展中国家的价格指数和人均GDP来确定长期均衡汇率
我先用最小2乘做混合估计,得到一下结果
Dependent Variable: PRICE?
Method: Pooled Least Squares
Date: 03/06/08 Time: 07:02
Sample: 1960 2003
Included observations: 44
Cross-sections included: 120
Total pool (balanced) observations: 5280
Variable Coefficient Std. Error t-Statistic Prob.
C 1.134423 0.014913 76.07087 0.0000
GDP? 0.187896 0.009794 19.18565 0.0000
R-squared 0.065194 Mean dependent var 1.407024
Adjusted R-squared 0.065017 S.D. dependent var 0.340299
S.E. of regression 0.329050 Akaike info criterion 0.615166
Sum squared resid 571.4705 Schwarz criterion 0.617655
Log likelihood -1622.039 F-statistic 368.0890
Durbin-Watson stat 0.040077 Prob(F-statistic) 0.000000
F值大而R值太小了Dw也不理想,觉得怪怪的,虽然可以用固定效应提高决定系数但觉得这个结果值有点太小了,好像不对,
请教一下大家,可能是那里错了,会不会是base data就处理错了,我用EXCEL整理的
急急急急得很,感谢高人指点