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E Equation: UNTITLED Workfile: DATA ECONOMETRICS::Data_e.. X View Proc Object Print Name Freeze Estimate Forecast Stats Resids Dependent Variable: GDPPERCAPITA Method: Least Squares Date: 01/19/19 Time: 21:40 Sample (adjusted): 2 264 Included observations: 142 after adjustments Variable Coefficient Std. Error t-Statistic Prob EDUEXPENSES FDINFLOWS GSAVING UNEMPR 3430.904 984.1997 3.485983 0.0007 285.7443 54.60948 5.232504 0.0000 321.8211 135.3456 2.377772 0.0188 557.7184 296.6160 1.880271 0.0622 VALUEADDAGRI 898.3994 133.3089 6.739232 0.0000 4784.332 7670.051 0.623768 0.5338 R-squared Adjusted R-squared S.E. of regression Sum squared resid Log likelihood F-statistic Prob(F-statistic) 0.477615 Mean dependent var 0.458409 15640.41 Akaike info criterion 3.33E+10 Schwarz criterion 1569.805 Hannan-Quinn criter 24.86883 Durbin-Watson stat 0.000000 15255.86 21252.62 22.19444 22.31933 22.24519 1.831163 S.D. dependent var

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Answer #1

EDUEXPENSES

Coefficient of EDUEXPENSES shows that when EDUEXPENSES increases by 1 unit GDPPERCAPITA increases by 3430.904 units. It is significant because t- statistic is greater than 1.96.

FDINFLOWS

Its coefficient shows that if FDINFLOWS increases by 1 unit, GDPPERCAPITA increases by 285.7443. it is significant because t statistic is greater than 1.96.

GSAVING

Its coefficient shows that when GSAVING increases by 1 unit GDPPERCAPITA increases by 321.8211 units. It is also significant at 5% level of significance.

UNEMPR

It shows that when UNEMPR increases by 1 unit GDPPERCAPITA decreases by 557.7184. it is not significant at 5% level of significance.

VALUEADDAGRI

It shows that when VALUEADDAGRI increases by 1 unit GDPPERCAPITA decreases by 898.3994 units. It is also significant.

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