Assignment of an econometric model.
economics
Description
Assignment of an econometric model. I got the formula and hopefully all the data, just need to calculate the regression line + calculte the model using the formula (file with the formula attached to the document).
Calculation
= ß0 + ß1Y + + + ß4POPft + ß5DlsT1 +
where:
are the total trade (exports) from country ¿to countryj in the period t.
indicate the GDP of countries ¿ and] respectively, in the period t.
denote the population of countries ¿andJ respectively, in the period t.
is the great circle distance between countries ¿ and j.
131, 132 variables are the slopes of the regression line.
