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Equation of regression model on economic growth

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Reference no: EM133130081

Given here is the summary of regression. TITLE: SINGAPORE INTERNATIONAL TRADE AND ECONOMIC GROWTH.

 

Coefficients

Standard Error

t Stat

P-value

Lower 95%

Intercept

-13006.1974

2445.6114

-5.3182

0.0000

-17948.9624

GFCF

0.0000

0.0000

3.1238

0.0033

0.0000

 IMP 

0.0000

0.0000

-4.0831

0.0002

0.0000

 FDI 

80.0020

53.1885

1.5041

0.1404

-27.4959

CO2C 

355.4076

175.4431

2.0258

0.0495

0.8239

EUC

0.2163

0.0187

11.5804

0.0000

0.1786

 EX 

0.0000

0.0000

5.4870

0.0000

0.0000

 FD

68.3185

26.3485

2.5929

0.0132

15.0663

 TO

4.3761

8.0746

0.5420

0.5909

-11.9432

Here is the equation of regression model on economic growth and environmental quality

Economic growth model : Y = β0+β1GFCF+ β2FDI+ β3EUC + β4FD + β5TO + µ

Environmental quality model : CO2 = β0+β1EUC+ β2GDPC+ β3FD + β4FDI + β5TO + µ

Explain this regression model by hypothesis testing for 2 model given which is for economic growth and environmental quality in SINGAPORE FROM 1970-2018:

Reference no: EM133130081

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