Provide a brief interpretation and analysis of the results of the regression

User Generated

ebuvgcngry3089

Economics

Description

Provide a brief interpretation and analysis of the results of the regression you generated below.

If your data is pooled cross-section, panel or longitudinal, you will specify your equation as shown in Eqn.

Economic Growthit = β0 + ϒ+ Єi,t

Its panel data and In this equation i and t indicates countries and time, and Economic growthi,t indicates economic growth in country i in year t. And (N denotes the total number of countries); t=1,…… T ( T denotes the total number of years) All other potential covariables (explanatory variables or independent variables) are included in the vector Xi,t. The vector of fundamental determinants of economic growth, Xi,t, includes Economic Growth, Investment, Government Expenditure, Trade, Inflation, FDI, Population and Natural Resources. ϒ are the parameters to be estimated.

Table 3: determinants of Economic Growth

(1)

(2)

VARIABLES

Economic_growth

Economic_growth

Investment

0.0768**

0.0807***

(0.0307)

(0.0306)

Govt_Expenditure

-0.142**

-0.132**

(0.0615)

(0.0609)

Trade

0.0134*

(0.00780)

Inflation

0.00391

0.00462

(0.0147)

(0.0147)

FDI

0.103***

0.115***

(0.0388)

(0.0381)

Natural_Resources

0.132***

0.134***

(0.0216)

(0.0213)

Constant

1.393

2.190

(1.474)

(1.396)

Observations

647

647

Number of Country_ID

43

43

Standard errors in parentheses

*** p<0.01, ** p<0.05, * p<0.1


write about 1 page

apa format

*See below for sample interpretation and analysis*

I will recommend you watch the videos in the links below before you start your interpretation and analysis

Introduction to Simple Linear Regression

https://www.youtube.com/watch?v=owI7zxCqNY0

Understanding Regression Analysis

https://www.youtube.com/watch?v=JPjW2HPTaEw

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Explanation & Answer

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Last Name 1
Running Head: REGRESSION COEFFICIENTS AND INTERPRETATION

REGRESSION COEFFICIENTS AND INTERPRETATIONS

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Last Name 2
Running Head: REGRESSION COEFFICIENTS AND INTERPRETATION

REGRESSION COEFFICIENTS AND THEIR INTERPRETATION
Introduction
A regression equation for a panel data in which researchers sought to investigate the
determinants economic growth in 43 countries, two multiple linear equation regressions were
performed. The first multiple linear regression (1) comprised of investment, government
expenditure, trade, FDI and Natural Resources as Independent Variables and inflation as a
control variable. The second regression model omitted tr...


Anonymous
Really useful study material!

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