Panel data fixed effects regression model

Assignment Help Business Economics
Reference no: EM13742838

Consider the following panel data fixed effects regression model: Yit = B0 + B1Xit + Y2D2+ Y3D3i + +...Y4Dni + eit

where D1i is a binary variable that equals 1 when i = 1 and equals 0 otherwise, D2i is a binary variable that equals 1 when i = 2 and equals 0 otherwise, and so on. Thus, the dummy variables are indicators for which unit of observation (i.e., the group or entity) applies. What is the slope and intercept for: a. Group 1 in time period 1? b. Group 1 in time period 3? c. Group 3 in time period 1? d. Group 3 in time period 3?

B=Beta

e= Epsilon

Reference no: EM13742838

Questions Cloud

Test is whether a particular regression coefficient : In multiple regression analysis, explain why the typical hypothesis that analysts want to test is whether a particular regression coefficient ( B) is equal to zero ( H0: B 0) versus whether that coefficient is not equal to zero ( H1: B 0).
What are the risk factors : You have been asked to talk with a community group about risk factors for development of hypertension. What are the risk factors? What can you teach this group about actions that can be taken to reduce risk factors
Discuss this economic reason for this situation : In the ‘Classico’ Region within Tuscany, all producers of Chianti wine must submit their wines to a government inspection process which certifies that only grapes grown in the Classic region have been used in the wine. All wines which pass this test ..
What is the function of a lenticel : What is the function of a lenticel, How are intercellular spaces important for this function and Include a picture of a stem and label the nodes, internodes, apical meristems, leaf buds, and flower buds
Panel data fixed effects regression model : Consider the following panel data fixed effects regression model: Yit = B0 + B1Xit + Y2D2+ Y3D3i + +...Y4Dni + eit
Explain the role capitalism plays in corporate : Explain the role capitalism plays in corporate decision-making. Discuss if you believe it is possible for a company to cater to both its best interest and that of the consumer conjointly or if one always has to prevail. Justify your response.
Incremental costs for the special order decision : 1. Costs that do not increase or decrease due to a special order are never considered incremental costs for the special order decision.
What is equilibrium wage and equilibrium number of garden : The demand curve for gardeners is Ed = 39 - 2w, where E = the number of gardeners, and w = the hourly wage. The supply curve is Es= 4 + 3w. What is the equilibrium wage and equilibrium number of gardeners hired? Suppose the town government imposes a ..
Most important points of decision-making process : What are the three most important points that you want the CEO to understand about this entire decision-making process.

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd