Dynamic Ordinary Least Squares Model || DOLS || EViews|| Regression Analysis

Hello everyone......
Wishing everyone good day and good health......
This video explains how to run Dynamic Ordinary Least Squares (DOLS) Model in EViews. DOLS model is used to estimate the regression coefficients of a panel regression model.
Literature suggests that DOLS model is superior to other regression model as it overcomes the problem of serial correlation and endogeneity of variables.
Watch the video till end for step by step tutorial.
1. Link for How to Run OLS in EViews- • Ordinary Least Squares...
2. Link for how to run FMOLS model in EViews- • Fully Modified Ordinar...
Happy Learning....
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#fmols #eviews #dols #panelregression #paneldata #regressionmodel

[@amandeepsidhu1113]

All the efforts and hard works your invested in bringing out the best in us can never be repaid in mere words. We can only feel grateful for having a teacher like you! Happy Teachers' Day!

[@komalkanwarshekhawat_]

Thank you so much Amandeep...🤗 Grateful I'm. 😊

[@gagansingh9893]

Best teacher is the one who delivers knowledge everytime even on their spared special days like teachers' day ....
A very Happy Teachers Day Mam😊

[@komalkanwarshekhawat_]

Thank you so much Gagan...best wishes and blessings 🤗😊

[@anu-4a]

Wishing you a happy teachers day ♥♥Thank you for being a great teacher😍😍

[@komalkanwarshekhawat_]

Thank you so much Anamika...God bless you 🤗

[@prince_p0346]

👌👌👌

[@komalkanwarshekhawat_]

Thank you Prince ☺️

[@AlbertBeatz]

Hi, I have a question, usually it is said that we can use DOLS if y is I(1) and x (the regressor) is I(1) or I(0) but is it possible to use it also in the opposite situation given that we have cointegration? So when y is I(0) and x (the regressor) is I(1)?

[@RafiaAli-n8e]

Hello, hope you are doing great. I am trying to run DOLS and facing the same issue you mentioned in the video. I have tried different alternatives like lags and leads method, panel method and trend specification but still facing the same problem "No valid observations after removing cross-sections with invalid lag selection."kindly let me know how to resolve this issue.

[@komalkanwarshekhawat_]

Probably the number of observations is very small.

[@mudassarbilal7669]

hi maam, your lectures are very helpful to us. kindly make a video on bootstrap, like bootstrap ARDL, and bootstrap panel cointegration etc.

[@komalkanwarshekhawat_]

Thank you so much. Sure, I shall try to upload videos on the said topics.

[@willwu5366]

Dear Prof. Komal, may I know why DOLS does not provide the intercept term?

[@komalkanwarshekhawat_]

The help manual of EViews indicates that all the variables are demeaned for this procedure. The output of the regression is presented without this determinist component.

[@willwu5366]

@@komalkanwarshekhawat_ Thank you very much for the reply!

[@assematalla8740]

Hello madam, I would like to know how can i apply fixed effect in DOLS test? Because there is no (Panel options) option when applying DOLS to choose random or fixed effect unlike the OLS which has this option? so how to apply random or fixed effect in DOLS?

[@komalkanwarshekhawat_]

Dear, as far as I know, DOLS is not concerned with FE and RE.
Both FE/RE and DOLS are completely different methodologies to estimate regression coefficients.

[@assematalla8740]

hello madam, should i also make sure that normality, linearity and homoskedasticity are valid before doing the DOLS?

[@komalkanwarshekhawat_]

Although DOLS deals with Heteroscedasticity and non-normality but you can report the results in your research/ thesis for the sake.

[@assematalla8740]

@@komalkanwarshekhawat_ so no need to fix them before running the DOLS, right? reporting them only is enough?

[@bhartisingh5399]

😊😊👍👍👍

[@komalkanwarshekhawat_]

🤗🤗

[@knowledgeforsuccess35]

Happy teacher's day dear

[@komalkanwarshekhawat_]

Thanks Gagan ... wishing you same 🤗

[@omorfaruq5140]

If the variables are I(o) in that case can we use DOLS? pls

[@komalkanwarshekhawat_]

Yes, definitely.

[@poliorkitis]

@@komalkanwarshekhawat_ Do we put them in the equation box, even if there are I(0)?

[@SONALISINGH-dj6jg]

Maam i request you to make a video on PMG in a pannel

[@komalkanwarshekhawat_]

Okay ...will upload a video on PMG too soon. Thanks.

[@komalkanwarshekhawat_]

Uploaded a video on PMG. Please do watch ,😊