Dear forum members,
I have a model with 9 variables. 8 of those variables are I(1) and one is I(2). When I estimated, I got the attached result.
Am I correct to conclude that the rank is 5?
Thanks in advance
Number of ranks with I(2) variables
Re: Number of ranks with I(2) variables
According to their procedure (move left to right and top to bottom starting at the top left), you would get s2=2 and r=5. However, if you think there's just one I(2) trend, then you would just run down that column to get r=5.
Re: Number of ranks with I(2) variables
Dear Tom,
Thank you very much for your response. It was very helpful.
akia
Thank you very much for your response. It was very helpful.
akia