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A researcher investigating the factors related to a country's economic growth between 2005 and 2010 estimates the following model for a sample of countries (using

A researcher investigating the factors related to a country's economic growth between 2005 and 2010 estimates the following model for a sample of countries (using cross sectional data):

GROWTH = a + b GDPH2005 + c INV + d EDUC + e RIGHTS + f RD

where:

GROWTH is the country's economic growth (percent change of GDP per person at constant prices between 2005 and 2010);

GDPH2005 is the log of the country's level of GDP per person in 2005 (US$ at 2005 prices);

INV is the country's share of gross investment in fixed capital (Gross Fixed Capital Formation) as a percentage of GDP in 2005;

EDUC is an indicator of the level of education of the population (total enrolment in secondary schools as a % of population aged 15 and over);

RIGHTS is an indicator of the strength of legal rights (0=weak to 12=strong);

RD is the R&D expenditure as a percentage of GDP

The results of the estimation are:

Variables

Coefficients

Standard Errors

t-values

p-values

GDPH2005

-0.1444

0.0199

-7.2600

0.0000

INV

0.0275

0.0045

6.1300

0.0000

EDUC

0.0042

0.0013

3.2300

0.0020

RIGHTS

-0.0050

0.0116

-0.4300

0.6680

RD

0.0340

0.0316

1.0800

0.2870

Constant

0.7429

0.1806

4.1100

0.0000

From the dropdowns select True for the variables that, according to the model's results (using a 5% significance level), are negatively associated with economic growth for the countries and the time period covered by the data. For those that are not, select False.

GDPH2005

Answer 1Choose...TrueFalse

RD

Answer 2Choose...TrueFalse

RIGHTS

Answer 3Choose...TrueFalse

EDUC

Answer 4Choose...TrueFalse

INV

Answer 5Choose...TrueFalse

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