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Conduct an Augmented Dickey fuller test of unit roots for each variable. b. Estimate the following model using OLS and present the OLS estimates, making sure that you use stationary variables in your OLS regression. InYt = ßo + ß1lnl2 + ß2lnCt + ut... (1a) Where Yt, lt and Ct rare as defined above, ßo, ß1, ß2 are the parameters to be estimated and ut is the random error term.  c.Test for autocorrelation.

Conduct an Augmented Dickey fuller test of unit roots for each variable. b. Estimate the following model using OLS and present the OLS estimates, making sure that you use stationary variables in your OLS regression. InYt = ßo + ß1lnl2 + ß2lnCt + ut... (1a) Where Yt, lt and Ct rare as defined above, ßo, ß1, ß2 are the parameters to be estimated and ut is the random error term.  c.Test for autocorrelation.

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
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a.Conduct an Augmented Dickey fuller test of unit roots for each variable.

b. Estimate the following model using OLS and present the OLS estimates, making sure that you use stationary variables in your OLS regression.

InYt = ßo + ß1lnl2 + ß2lnCt + ut... (1a)

Where Yt, lt and Ct rare as defined above, ßo, ß1, ß2 are the parameters to be estimated and ut is the random error term. 

c.Test for autocorrelation.

GDP (constant 2015 US$) 9E+09 8E+09 7E+09 6E+09 SE+09 4E+09 3E+09 2E+09 1E+09 1968 1970 1972 1974 1976 1978 1980 1982 1984 1986
Transcribed Image Text:GDP (constant 2015 US$) 9E+09 8E+09 7E+09 6E+09 SE+09 4E+09 3E+09 2E+09 1E+09 1968 1970 1972 1974 1976 1978 1980 1982 1984 1986
Years GDP (constant 2015 US$) 1970 5810822445 1971 6002855978 1972 6136162775 1973 6529921197 1974 7456675372 1975 7445248249 1976 7833105068 1977 8488616941 1978 7823211205 1979 5751719627 1980 6016973538 1981 6339681289 1982 6287926546 1983 6578001904 1984 6474984217
Transcribed Image Text:Years GDP (constant 2015 US$) 1970 5810822445 1971 6002855978 1972 6136162775 1973 6529921197 1974 7456675372 1975 7445248249 1976 7833105068 1977 8488616941 1978 7823211205 1979 5751719627 1980 6016973538 1981 6339681289 1982 6287926546 1983 6578001904 1984 6474984217
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