3. Suppose that the following import function for Turkey is estimated for Turkey between 1980-2015. Import, a, + a,GDP; + ażER¸ + ut In order to measure the impact of 2001 crisis the regression is estimated based on the whole and two subsamples and the following RSS are obtained. Time period: 1980-2000 , RSS1= 69 Time period: 2001-2015, RSS2 =35 Time period: 1980-2015 , RSS = 160 Carry out the Chow test whether the regressions for the two periods are different at 5% significance level. (35 P)
3. Suppose that the following import function for Turkey is estimated for Turkey between 1980-2015. Import, a, + a,GDP; + ażER¸ + ut In order to measure the impact of 2001 crisis the regression is estimated based on the whole and two subsamples and the following RSS are obtained. Time period: 1980-2000 , RSS1= 69 Time period: 2001-2015, RSS2 =35 Time period: 1980-2015 , RSS = 160 Carry out the Chow test whether the regressions for the two periods are different at 5% significance level. (35 P)
MATLAB: An Introduction with Applications
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Author:Amos Gilat
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Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
![3. Suppose that the following import function for Turkey is estimated for Turkey between
1980-2015.
Import,
a, + a,GDP; + ażER¸ + ut
In order to measure the impact of 2001 crisis the regression is estimated based on the
whole and two subsamples and the following RSS are obtained.
Time period: 1980-2000 , RSS1= 69
Time period: 2001-2015, RSS2 =35
Time period: 1980-2015 , RSS = 160
Carry out the Chow test whether the regressions for the two periods are different at
5% significance level. (35 P)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fe72ae499-6521-46bb-b012-744f262625bc%2Ff1aa1349-6042-4300-867b-f4a20e11cee2%2Fz8ciyi_processed.png&w=3840&q=75)
Transcribed Image Text:3. Suppose that the following import function for Turkey is estimated for Turkey between
1980-2015.
Import,
a, + a,GDP; + ażER¸ + ut
In order to measure the impact of 2001 crisis the regression is estimated based on the
whole and two subsamples and the following RSS are obtained.
Time period: 1980-2000 , RSS1= 69
Time period: 2001-2015, RSS2 =35
Time period: 1980-2015 , RSS = 160
Carry out the Chow test whether the regressions for the two periods are different at
5% significance level. (35 P)
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