I have estimated a model with OLS, where I have found autocorrelation with Durbin-Watson and Breusch-Godfrey. I want to use Prais-Winsten or Cochrane-Orcutt to remove the problem. When estimating the model, it removes a variable, which is a squared variable of another variable in the model.
I use the following code:
gen yearsquared=year*year
For OLS:
reg ftheft tfr partic degrees year yearsquared
For Cochrane-Orcutt:
prais ftheft tfr partic degrees year yearsquared, corc
For Prais-Winston:
prais ftheft tft partic degrees year yearsquared
In both cases, yearsquared gets removed from Stata.
Any advice, as yearsquared shouldn`t be removed due to collinearity?