Date post: | 24-Mar-2016 |
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TOPIC: GDP and factors affect GDP
hoaian's product
hoaian's product
hoaian's product
hoaian's product
hoaian's product
hoaian's product
hoaian's product
hoaian's product
hoaian's product
hoaian's product
Y= a1 + a2I +a3 X+ a4L + ui SRF: Y ^ = a1^ + a2^ I +a3^X
+a4^L + ei
hoaian's product
hoaian's product
SRF:Y = 7.318448 + 1.393408 I +
0.348825 X – 1.228224 L
hoaian's product
1.individual regression coefficients: ( = 0.05) Ho: a2 = 0. H1: a2 0. P-value ( a2^)= 0.0000 < 0.05 reject Ho Ho: a3 = 0. H1: a3 0. P-value( a3^) = 0.0001 <0.05 reject Ho Ho ; a4=0
H1: a4 #0 P-value( a4^)= 0.0000< 0.05 reject Ho statistically significant
hoaian's product
2.testing overall significance of the sample regression:
Ho: R2= 0 H1: R2 # 0 P-value( F-test) = 0.000 < 0.05
reject Ho the model is economically
significant.hoaian's product
hoaian's product
hoaian's product
hoaian's product
hoaian's product
Solution change export
mechanism - adaptable
industrialization and modernization
suitable law environment in foreign market
hoaian's product
hoaian's product
Open trade relationship
Improve technology, management, human
resources…
Stable business law
Government loan policy
hoaian's product
-Overpopulation-Abundant in quantity>< weak in quality
Thank you for your attention!!!
hoaian's product
1. zero systematic error: E(ui) =0
hoaian's product
2.Homoscedasticity: var(ui) = δ2 for all i
Ho: var(ui) = δ2
H1: var(ui) ≠ δ2
hoaian's product
hoaian's product
P-value (F-statistics) = 0.438492
P-value(Obs*R-squared) = 0.370250
do not reject Ho
hoaian's product
3.No autocorrelation: cov(ui; uj) = 0 for all i #j
Ho: cov(ui; uj) = 0 for all i #j H1: cov(ui; uj)≠ 0 for all i #j
hoaian's product
hoaian's product
4.X is non-stochastic
hoaian's product
5.u~ N(0, δ2) Ho: u~ N(0, δ2) (the error terms are
normally distributed.)H1: u/~ N(0, δ 2)( the error terms are
not normally distributed.)
hoaian's product
hoaian's product
6.no misspecification error Ho: no misspecification error the
error terms are normally distributed. H1: misspecification error
hoaian's product
hoaian's product