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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
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 + bx GDPH2005 + cx INV + dx EDUC + ex RIGHTS +fx ELEC 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): ELEC is the percentage of population who have access to electricity; The results of the estimation are: Variables Coefficients Standard Errors t-values p-values GDPH2005 -0.1322 0.0170 -7.7600 0.0000 INV 0.0129 0.0031 4.1900 0.0000 EDUC 0.0036 0.0013 2.8000 0.0060 RIGHTS -0.0010 0.0091 -0.1100 0.9120 ELEC 0.0034 0.0010 3.5800 0.0010 Constant 0.6751 0.1139 5.9300 0.0000 From the dropdowns select True for the variables that, according to the model's results (using a 5% significance level), are positively associated with economic growth for the countries and the time period covered by the data. For those that are not, select False. EDUC Choose... INV Choose... GDPH2005 Choose... ELEC Choose... RIGHTS Choose...
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