I have a question on Autocorrelation of OLS model. So I encountered a autocorrelation error, and use Cochrane - Orcutt Two-step Procedure(CORC) to fix it. And my OLS became GLS. And I have no idea how to interpret the coefficient on my initial X and Y with the new model.
I mean something like, if X rise by 1 unit then Y rise by 3 units. Below are my real output.
Please help me, thank you so much.
fyi: Y is outputs per hour ( productivity), X1 is wages/ week, X2 is working hours/week
I mean something like, if X rise by 1 unit then Y rise by 3 units. Below are my real output.
Please help me, thank you so much.
fyi: Y is outputs per hour ( productivity), X1 is wages/ week, X2 is working hours/week