Write down the linear equation where the standard error in the parentheses below the coefficients. Estimate a real GDP per capita regression of Malaysia from 1970 to 2019 as follows: ln RGDPCt = a + b1 ln PDEBTt + b2 ln HCt + b3 ln INFLATIONt + b4 ln TRADEt + e (1) where the determinants are: PDEBT – public debt HC – human capital

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question

Write down the linear equation where the standard error in the parentheses below the coefficients. Estimate a real GDP per capita regression of Malaysia from 1970 to 2019 as follows:

ln RGDPCt = a + b1 ln PDEBTt + b2 ln HCt + b3 ln INFLATIONt + b4 ln TRADEt + e (1) where the determinants are:

PDEBT – public debt
HC – human capital
INFLATION – inflation
TRADE – total trade

Regression result is displayed on the table provided.

Please . Asap. Thanks!

Dependent Variable: In GDPC
Method: Least Squares
Sample: 1971 2019
Included observations: 49
Variable
Coefficient
Std. Error
t-Statistic
Prob.
-41.02926
0.630461
-65.07815
0.0000
In PDEBT
-0.226727
0.020143
-11.25612
0.0000
In HC
In INFLATION
In TRADE
12.32295
0.168783
73.01074
0.0000
0.007450
0.007064
1.054637
0.2973
-0.158910
0.025013
-6.353102
0.0000
R-squared
0.996304 Mean dependent var
9.884210
Adjusted R-squared
0.995968
S.D. dependent var
0.517926
S.E. of regression
0.032887 Akaike info criterion
-3.895045
Sum squared resid
0.047588
Schwarz criterion
-3.702002
Log likelihood
100.4286 Hannan-Quinn criter,
-3.821804
F-statistic
2965.294
Durbin-Watson stat
1.369546
Prob(F-statistic)
0.000000
Transcribed Image Text:Dependent Variable: In GDPC Method: Least Squares Sample: 1971 2019 Included observations: 49 Variable Coefficient Std. Error t-Statistic Prob. -41.02926 0.630461 -65.07815 0.0000 In PDEBT -0.226727 0.020143 -11.25612 0.0000 In HC In INFLATION In TRADE 12.32295 0.168783 73.01074 0.0000 0.007450 0.007064 1.054637 0.2973 -0.158910 0.025013 -6.353102 0.0000 R-squared 0.996304 Mean dependent var 9.884210 Adjusted R-squared 0.995968 S.D. dependent var 0.517926 S.E. of regression 0.032887 Akaike info criterion -3.895045 Sum squared resid 0.047588 Schwarz criterion -3.702002 Log likelihood 100.4286 Hannan-Quinn criter, -3.821804 F-statistic 2965.294 Durbin-Watson stat 1.369546 Prob(F-statistic) 0.000000
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman