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Assignment - GDP Data
Use the attached Sample data of the US Economy follow the instructions below:
1. First Run a regression using the given data from 1990 to 2001 having GDP as the dependent variable and the rest as independent variable.
2. Then run 15 more recursive regressions by adding one year at a time to the above until end of data. (First run a regression for data from 1990-2001 and then from 1990 to 2002 and so on adding one year at a time).
3. In total you should have 16 regressions.
4. Tabulate the estimated Coefficients, Se , R2 to summarise the results of the 16 regressions.
5. Comment on the above table containing summarised data not exceeding 2 pages.
You can use EXCEL or any other software. You need to include your printout in your submissions.
Attachment:- Sample Data of US Economy.rar
You can submit your work either as a PDF or WORD File in the drop box under Journal Article. Only one Word or PDF file should be submitted in the drop box. You should save your file as “Lastname_Firstname_ECO578_Spring 2019”. You can use EXCEL or any other software and You need to include your printout in your submissions.
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