Hello everyone,
Are there anyone can help me to solve these questions?
1. Run a regression of Growth on TradeShare, YearsSchool, Rev_Coups and RGDP60. What is the value of the coecient on Rev_Coups? Interpret the value of this coecient. Is it large or small in a real-world sense?
2. Use the regression to predict the average annual growth rate for a country that has average values for all regressors.
3. Repeat (2) but now assume that the country's value for TradeShare is one standard deviation above the mean.
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