ARIMA models in Stata - Part 2: Estimation

ARIMA models in Stata - Part 2: Estimation. Welcome to this tutorial on ARIMA models and Box-Jenkins model selection in Stata! In this video, we'll be focusing on Part 2: Estimation, where we will show you how to estimate ARIMA models and determine which model is the best fit for your data. We'll start by reviewing the possible models we identified in the first video, ARIMA(1,1,1) and ARIMA(2,1,1). Then, we'll explain how we use various model selection criteria, such as significance of the ARMA components, Akaike and Bayesian information criteria, maximum likelihood, and error variance, to decide which model is the best fit. Next, we'll dive into Stata and demonstrate how to estimate the ARIMA(1,1,1) and ARIMA(2,1,1) models using the arima command. We'll walk you through the output and show you how to interpret the results, including the log-likelihood value, coefficients of the AR and MA components, and p-values for individual significance tests. Finally, we'll compare the results of both models using the Akaike and Bayesian information criteria and error variance. By the end of this video, you'll have a solid understanding of how to estimate ARIMA models and determine the best fit for your data in Stata. If you're interested in time series analysis or working with Stata, this tutorial is perfect for you! Don't forget to like and subscribe for more informative videos. 📣 Get the complete package for learning ARIMA models in Stata! Purchase the slides used in the video, along with the complete Stata Do File and Dataset at: https://jdeconomicstore.com/b/arimastata. 📈 You can also download the dataset for free and replicate the content of the video at https://www.forecastingeconomics.com/... ✅ Visit my website for all the content available: https://www.forecastingeconomics.com/ 📣 Tutorial is also available in EViews:    • ARIMA models and Box-Jenkins method in Evi...   📺 For more videos likes this, please subscribe:    / @forecastingeconomics   ✅ Is there any topic you would like me to cover? Do you have any research questions? Contact me at: 📧 [email protected] 📲 Follow me on social media for news, updates, discounts, tips and more! https://juandamico.start.page/ --------------------------------------------------------------------------------------------------------- ✅ MEMBERSHIPS: Support the channel and get exclusive content! We offer two membership options: Supporter – for those who simply want to back the channel. Premium – includes access to members-only videos with additional tutorials and insights. 👉 Join here:    / @forecastingeconomics   --------------------------------------------------------------------------------------------------------- Watch Part 1 and 3: Video 1: ARIMA models in STATA - Part 1: Identification 🌐Link:    • Time series forecasting in stata - ARIMA M...   Video 3: ARIMA models in STATA - Part 3: Diagnostics and Forecasting. 🌐Link:    • ARIMA models in Stata - Part 1: Identifica...   --------------------------------------------------------------------------------------------------------- 🕘 Timestamps: 👋 Introduction 0:00 📊 Overview of Stage 2 0:34 📊 Estimating the models in Stata 1:46 📊 Comparing the Models 5:05 --------------------------------------------------------------------------------------------------------- ✅ Interested in learning more? 🎬 Learn how to write your research paper in a fancy way in Latex with Overleaf:    • Latex with Overleaf Tutorial/Course   🎬 EViews related videos:    • Applied Time Series Analysis: Free Eviews ...   --------------------------------------------------------------------------------------------------------- If you liked the video and would like more content, please support my channel subscribing! 👍Like and subscribe for more videos! ☕️ If you would like to show your appreciation and make a donation: 💳 https://paypal.me/JDEconomics?locale.... Thanks a lot!