A researcher is investigating the impact of a firm's capital intensity on its labour productivity using data for the year 2014 for a sample of manufacturing firms from Germany, France, Sweden, Italy and the UK. She has estimated the following model: LP = 190 +0.3 x CAPIN - 31.8 x FR + 65.4 x SE + 15.8 x UK - 25.1 x IT where: LP is the firm's labour productivity (measured as turnover per employee, in €000s per employee); CAPIN is the firm's capital intensity (measured as total assets per employee, in €000s per employee); FR is a dummy variable that takes the value 1 if the firm is French and 0 otherwise; SE is a dummy variable that takes the value 1 if the firm is Swedish and 0 otherwise; UK is a dummy variable that takes the value 1 if the firm is British and 0 otherwise; IT is a dummy variable that takes the value 1 if the firm is Italian and 0 otherwise. State the predicted value of labour productivity for a German firm with a capital intensity of € 350 000 (CAPIN=350): (No explanation needed at all...just the answer)

A researcher is investigating the impact of a firm's capital intensity on its labour productivity using data for the year 2014 for a sample of manufacturing firms from Germany, France, Sweden, Italy and the UK. She has estimated the following model: LP = 190 +0.3 x CAPIN - 31.8 x FR + 65.4 x SE + 15.8 x UK - 25.1 x IT where: LP is the firm's labour productivity (measured as turnover per employee, in €000s per employee); CAPIN is the firm's capital intensity (measured as total assets per employee, in €000s per employee); FR is a dummy variable that takes the value 1 if the firm is French and 0 otherwise; SE is a dummy variable that takes the value 1 if the firm is Swedish and 0 otherwise; UK is a dummy variable that takes the value 1 if the firm is British and 0 otherwise; IT is a dummy variable that takes the value 1 if the firm is Italian and 0 otherwise. State the predicted value of labour productivity for a German firm with a capital intensity of € 350 000 (CAPIN=350): (No explanation needed at all...just the answer)

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Similar questions

Whats a problem customers face with LCD Panels Battery issues?
difeerent between economic and economic scale
Name the three general categories of Resources
What are the ethical issues that could be encountered when running an e-commerce platform?
not use ai please
What is the 4p ( Product, price, place, promotion) of caribou coffee ?
What is photo sharing?
Please no written by hand solution Keiko is saving money to buy a bike. She has $52 and is going to save an additional $8 each week. The bike costs $164. In how many weeks will she have enough money to buy the bike?
compare and contrast Mom's Touch and Burger King Contrast food quality, service, facilities, cost, convenience, business model, cleanliness, location 1700 words
No written by hand solution Charmaine buys candy that costs $6 per pound. She will buy more than 7 pounds of candy. What are the possibl Use c for the amount (in dollars ) Charmaine will spend on candy.
I’m lost help please