Project 2 - Xiaoqiao Wang 1.a Factors that are associated...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Xiaoqiao Wang 1.a Factors that are associated with GDP growth at least 95 percent statistical confidence will be institutional quality, sub-saharan Africa, budget surplus, inflation, and openness. The factors that predict faster growth are the countries have positive and significant number of regression of growth in GDP per capita, which are Institutional quality, Budget surplus, Openness, especially Budget surplus and Openness since their coefficient number is relevantly high. Factors that predict slower growth are the countries have negative significant number of regression of growth in GDP per capita, which are Sub-Saharan Africa and Inflation. b The coefficient estimate associated with being located in Sub-Saharan Africa is -1.53 or -1.61. The t-statistic associated with this coefficient estimates is T-stat: abs (-1.53/0.73)= 2.096 So, it is significant; thus reject the hypothesis with 99% level of confidence. or:abs (-1.61/0.76)=2.118 So, it is significant; thus reject the hypothesis with 99% level of confidence. c.
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 11/24/2011 for the course ECON 345 taught by Professor Jakiela during the Fall '11 term at Maryland.

Page1 / 3

Project 2 - Xiaoqiao Wang 1.a Factors that are associated...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online