Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Appendix Table 1: Alabama Dependent Variable: LOG(H_ALABAMA) Method: Least Squares Sample (adjusted): 1961 2010 Included observations: 50 after adjustments Convergence achieved after 16 iterations
Appendix Table 1: Alabama Dependent Variable: LOG(H_ALABAMA) Method: Least Squares Sample (adjusted): 1961 2010 Included observations: 50 after adjustments Convergence achieved after 16 iterations Variable Coefficient Std. Error t-Statistic Prob. 35.77100 27.66964 1.292789 0.2033 LOG(PARREST ALABAMA) 0.073130 0.082713 0.884151 0.3818 LOG(1+EXEC_ALABAMA) -1.130847 3.784454 -0.298814 0.7666 LOG(INC_ALABAMA) 0.033121 0.223292 0.148329 0.8828 LOG(UNEMP ALABAMA) -0.248329 0.100113 -2.480481 0.0173 LOG(A_ALABAMA) 1.231653 0.488708 2.520223 0.0157 LOG(AGE_ALABAMA) 0.035821 0.520448 0.068828 0.9455 LOG(POP ALABAMA) -3.244210 1.807678 -1.794684 0.0801 AR(1) p.534667 0.131741 4.058466 0.0002 R-squared 0.835122 Mean dependent var 2.331760 Adjusted R-squared 0.802951 S.D. dependent var 0.255034 S.E. of regression 0.113210 Akaike info criterion -1.357593 Sum squared resid 0.525478 Schwarz criterion -1.013429 Log likelihood 42.93982 Hannan-Quinn criter -1.226533 F-statistic 25.95868 Durbin-Watson stat 2.115430 Prob(F-statistic) 0.000000 Inverted AR Roots .53 Table 2: Alaska Dependent Variable: LOG(H_ALASKA) Method: Least Squares Sample (adjusted): 1961 2010 Included observations: 50 after adjustments Convergence achieved after 11 iterations Variable Coefficient Std. Error t-Statistic Prob. C LOG(PARREST_ALASKA 11.26472 15.40910 0.731043 0.4688 ) -0.301420 0.107260 -2.810182 0.0075 LOG(INC_ALASKA) 0.254268 0.636757 0.399318 0.6917 LOG(UNEMP_ALASKA) 0.077001 0.404881 0.190181 0.8501 LOG(A_ALASKA) 0.994951 0.610267 1.630354 0.1105 LOG(AGE_ALASKA) 0.126434 0.433109 0.291921 0.7718 LOG(POP_ALASKA) AR(1) -1.827293 1.287378 -1.419391 0.1632 0.247658 0.149065 1.661406 0.1041 R-squared 0.611382 Mean dependent var 2.112780 Adjusted R-squared 0.546612 S.D. dependent var 0.396057 S.E. of regression Sum squared resid Log likelihood 0.266681 Akaike info criterion 0.340121 2.986992 Schwarz criterion 0.646044 -0.503019 Hannan-Quinn criter 0.456618 F-statistic 9.439311 Durbin-Watson stat 1.906536
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started