[Gretl-users] Re: BACE Estimation difficulties

On 28.08.2022 17:56, Brian Revell wrote: Hi Marcin as I haven't used script language very frequently and only have a very rudimentary understanding of its syntax, -I rely on the GUI to meet my requirements l-your suggestion is leaving me perplexed as to how to implement the update and where to put it. My programming expertise only extends to Fortran and Basic-so that will date me!. I have downloaded BACE. zip from Source Forge into my Downloads folder. BACE.zip contains the pdf afticle on BACE and a file BACE.gfn. That is correct: BACE.zip archive contains both: BACE.gfn package and BACE.pdf docs. On my laptop, Gretl resides in C:\Program Files\gretl. I cannot understand what the instruction *pkg install /path/to/BACE.zip *really means . Assuming you put BACE.zip in C: (which gives us a path as C:\BACE.zip) and have gretl already running, do the following steps: 1. Click on 'open gretl console' (third icon at the bottom of main window. 2. type "pkg install C:\BACE.zip" in gretl's console window and press 'Enter'. This just instructs gretl to unzip BACE.zip and put its contains in special place in your user's directory. Why would I install the already downloaded file BACE.zip *i*nto BACE.zip? Basically, because gretl needs to know that such file exists and - that it contains package items. In case of script. The first 3 lines set verbosity, loads bundled dataset and loads BACE package into memory: set verbose off open australia.gdt include BACE.gfn Here you generate time trend and set lags: genr time x_lags = 1 y_lags = 1 Next, you create X list which contains variables with ID's from 6 to 10. Additionaly, you add lags of them + time: list X = 6..10 X = lags(x_lags, X) time Finally, you run BACE for lpau variable as Y, including its lags and all Xs (which corresponds to ARDL(1,1). Const terem may be dropped: BACE(lpau, X, _(with_const=2, Y_AR_p=y_lags)) That's it. Of course, all those things you may do via BACE GUI interface, but some element must be done before (like lagged Xs and time) Marcin -- Marcin Błażejowski _______________________________________________ Gretl-users mailing list -- gretl-users(a)gretlml.univpm.it To unsubscribe send an email to gretl-users-leave(a)gretlml.univpm.it Website: https://gretlml.univpm.it/postorius/lists/gretl-users.gretlml.univpm.it/