02-27-2017 05:31 PM
I am trying to program a regression model which includes multiple independent variables and a lagged dependent variable. It can be written as
Yt=a0 + a1*X1+a2*X2+a3*X3+a4*Yt-1
where Yt is predicted value at time t, X1-X4 are independent varibales, Yt-1 is the predicted value at time t-1, and a0-a4 are parameters.
My questions is which proc statement I should use.