Applied Econometrics using EViews –II

Paper Code: 
ECO 415
Credits: 
2
Contact Hours: 
30.00
Max. Marks: 
100.00
Objective: 

1.      To acquaint the students with the use of software EViews to detect the violation of assumptions of the regression model.

2.      To describe the use of EViews for estimating models with dummy independent variables.

Unit I: 
Multicollinearity

Detection of the problem of multicollinearity-coefficient of determination, t-ratio, pair-wise correlation and VIF.

Unit II: 
Heteroscedasticity

Detection of the problem of heteroscedasticity- Graphical method and B-P-G test.   

Unit III: 
Serial correlation

Detection of the problem of serial correlation-Graphical method and D-W test.

Unit IV: 
Specification error

Omitted variable and redundant variable tests.

Unit V: 
Qualitative (dummy) independent variables

Illustration of the uses of dummy variables.

Essential Readings: 

Bhaumik, S. K. ,Principles of Econometrics: A Modern Approach Using EVIEWS. Oxford University Press, 1st Edition, 2015.

References: 

Asteriou, D. and Hall, S. G. Applied Econometrics : A modern Approach Using EVIEWS and MICROFIT. Palgrave Macmillan, 1st Edition, 2007.

Academic Session: 
2022-23
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