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interpretation of coefficient of independent variable which is measured as a % of GDP
interpretation of coefficient of independent variable which is measured as a % of GDP

I am doing a ols regression analysis using Gini index as the dependent variable and remittance measured as a percentage of GDP as the independent variable. How do I interpret the coefficient of my independent variable? for example, is it correct to say "when remittance increases by 1% of GDP per capita, the gini index increases by 0.351%"?
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