I need to extract equationwise error terms of components of my SUR estimation. However by using post estimation predict command I am only able to produce one error term from entire estimation. How could I calculate error terms for all equations and store them seperately?
The following code simulates what I am trying to do by using sample data from stata repository. I need both residual series for open and high equations. In my original work this SUR system includes 11 different equations representing 11 different co-integration vectors. Now I am trying to produce their residuals to estimate short term 11 VEC equations by using SUR estimation.
Thank you very much
Code:
. sysuse sp500.dta (S&P 500) . tsset date Time variable: date, 02jan2001 to 31dec2001, but with gaps Delta: 1 day . sureg (open L1.open L2.open L1.high L2.high L3.high) (high L1.open L2.open L1.high L2.high) Seemingly unrelated regression ------------------------------------------------------------------------------ Equation Obs Params RMSE "R-squared" chi2 P>chi2 ------------------------------------------------------------------------------ open 90 5 7.61825 0.9928 12416.11 0.0000 high 90 4 11.59675 0.9828 5156.78 0.0000 ------------------------------------------------------------------------------ ------------------------------------------------------------------------------ | Coefficient Std. err. z P>|z| [95% conf. interval] -------------+---------------------------------------------------------------- open | open | L1. | -.4114277 .1297403 -3.17 0.002 -.6657139 -.1571415 L2. | .0716423 .091755 0.78 0.435 -.1081943 .2514789 | high | L1. | 1.339624 .0796114 16.83 0.000 1.183588 1.495659 L2. | .094866 .1446546 0.66 0.512 -.1886517 .3783837 L3. | -.0810755 .0515966 -1.57 0.116 -.182203 .0200519 | _cons | -29.7035 11.58405 -2.56 0.010 -52.40783 -6.999178 -------------+---------------------------------------------------------------- high | open | L1. | -.614001 .1973872 -3.11 0.002 -1.000873 -.2271291 L2. | .0386898 .1194357 0.32 0.746 -.1954 .2727795 | high | L1. | 1.374734 .1211697 11.35 0.000 1.137246 1.612223 L2. | .2000723 .2200332 0.91 0.363 -.2311849 .6313294 | _cons | -6.871725 17.42993 -0.39 0.693 -41.03377 27.29032 ------------------------------------------------------------------------------ . predict residuals, equation(open : high) (option xb assumed; fitted values) equation open : high not found r(303); . predict residuals (option xb assumed; fitted values) (158 missing values generated) . list residuals +----------+ | residu~s | |----------| 1. | . |
0 Response to SUR Estimation - Equation residuals
Post a Comment