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country_name growth oil rgdp60 tradeshare yearsschool rev_coups assasinations India 1.915167928 0 765.9998169 0.140501976 1.450000048 0.13333334 0.866666675 Argentina 0.617645085 0 4462.001465 0.156622976 4.989999771 0.933333337 1.933333278 Japan

country_name growth oil rgdp60 tradeshare yearsschool rev_coups assasinations
India 1.915167928 0 765.9998169 0.140501976 1.450000048 0.13333334 0.866666675
Argentina 0.617645085 0 4462.001465 0.156622976 4.989999771 0.933333337 1.933333278
Japan 4.304759026 0 2953.999512 0.157703221 6.710000038 0 0.200000003
Brazil 2.930096626 0 1783.999878 0.160405084 2.890000105 0.100000001 0.100000001
United States 1.712264895 0 9895.003906 0.160815045 8.659999847 0 0.433333337
Bangladesh 0.708263099 0 951.9998169 0.22145839 0.790000021 0.306481481 0.174999997
Spain 2.880326748 0 3123.001465 0.299405932 3.799999952 0.06666667 1.433333278
Colombia 2.227014303 0 1684.000366 0.31307286 2.970000029 0.100000001 0.766666651
Peru 0.060205959 0 2019.000244 0.324612707 3.019999981 0.266666681 0.566666663
Haiti -0.65793407 0 923.999939 0.324745566 0.699999988 0.374074072 0.200000003
Australia 1.975147367 0 7782.002441 0.329479247 9.029999733 0 0.06666667
Italy 2.932981491 0 4564.000488 0.330021679 4.559999943 0.033333335 1.200000048
Greece 3.224050045 0 2093 0.337879002 4.369999886 0.166666672 0.166666672
France 2.431280851 0 5823.000488 0.339706242 4.650000095 0 0.300000012
Zaire -2.811944485 0 488.9999084 0.352317631 0.540000021 0.148148149 0.055555556
Uruguay 1.025308609 0 3967.999756 0.358856708 5.070000172 0 0.166666672
Mexico 1.973941803 0 2836.000244 0.393250912 2.410000086 0 0.166666672
Pakistan 2.698163033 0 638 0.41760394 0.629999995 0.266666681 0.266666681
Niger -2.751477957 0 531.9998779 0.425837249 0.200000003 0.13333334 0
Bolivia 0.355057806 0 1147.999756 0.43557933 4.679999828 0.970370352 0.200000003
Germany 2.453688145 0 6569.998535 0.442142904 7.639999866 0.06666667 0.233333334
Canada 2.385988474 0 7257.99707 0.444374621 8.069999695 0 0.06666667
United Kingdom 1.962219477 0 6822.999023 0.450546652 7.670000076 0.266666681 0.333333343
New Zealand 1.124131799 0 7960.000977 0.4557693 9.550000191 0 0
Philippines 1.15874064 0 1133 0.468346566 3.769999981 0.733333349 1.033333302
Finland 2.798494339 0 5291.001953 0.473254889 7.510000229 0 0
Venezuela -0.883550763 0 6337.998047 0.484600782 2.529999971 0.266666681 0.100000001
Korea, Republic of 7.15685463 0 904.000061 0.488949597 3.230000019 0.333333343 0.100000001
Guatemala 0.92923063 0 1659.999756 0.509590268 1.419999957 0.540740728 2.466666698
Honduras 0.597784758 0 1038.999878 0.517664552 1.690000057 0.266666681 0.06666667
El Salvador -0.607556105 0 1426.999878 0.527773321 1.700000048 0.633333325 1.733333349
Chile 1.446995378 0 2885.000488 0.534684658 4.989999771 0.166666672 0.466666669
Thailand 4.876695156 0 943 0.543337107 3.450000048 0.400000006 0.033333335
Sweden 1.888134241 0 7592.002441 0.544243515 7.670000076 0 0
Senegal -0.43782407 0 1047.000122 0.550812602 1.620000005 0.033333335 0.06666667
Trinidad and Tobago 1.120786428 0 5627.001953 0.552722335 4.309999943 0.033333335 0
Ecuador 2.388092995 0 1460.999634 0.56064254 2.950000048 0.533333361 0
Denmark 2.179370165 0 6759.999023 0.56074965 10.06999969 0 0
Switzerland 1.421865344 0 9408.99707 0.567130983 6.869999886 0 0
Austria 2.88918519 0 5143.000977 0.575274825 3.650000095 0 0
Zimbabwe 0.838155508 0 988.9998779 0.582814276 1.539999962 0.200000003 0.233333334
Paraguay 2.381931543 0 1176.999878 0.603035331 3.349999905 0.06666667 0.033333335
Costa Rica 1.613696575 0 2096.000244 0.605031252 3.920000076 0 0
Portugal 3.64730978 0 1869 0.613616884 1.940000057 0.233333334 0
Togo 0.46277532 0 366.999939 0.626079738 0.270000011 0.166666672 0.033333335
Iceland 3.012388945 0 4963.998535 0.639484167 5.630000114 0 0
Israel 2.810969353 0 3476.999268 0.646913528 6.989999771 0.06666667 0.200000003
South Africa 0.39202112 0 2191.000244 0.651203632 4.059999943 0.100000001 0.366666675
Norway 3.182493687 0 5610.000488 0.681555152 5.559999943 0 0
Sierra Leone -0.339834213 0 877.999939 0.699432909 0.529999971 0.474074066 0.033333335
Dominican Republic 2.498769045 0 1194.999756 0.704819918 2.380000114 0.300000012 0.200000003
Ghana -0.963162243 0 894 0.729232311 0.689999998 0.437037051 0.100000001
Sri Lanka 2.704598427 0 1258.999878 0.742971599 3.430000067 0.200000003 0.200000003
Taiwan, China 6.624734402 0 1256 0.745497823 3.319999933 0.033333335 0.06666667
Panama 2.02718854 0 1574.999878 0.779847085 4.260000229 0.13333334 0.06666667
Papua New Guinea 1.120371103 0 1235.000122 0.798375845 1.129999995 0.033333335 0
Kenya 1.962509155 0 659.000061 0.814710021 1.200000048 0.033333335 0.144444451
Ireland 3.254493952 0 3310.999023 0.822956383 6.449999809 0 0.06666667
Jamaica 0.417790174 0 1772.999878 0.830238342 2.460000038 0 0.13333334
Netherlands 2.200577259 0 6076.99707 0.834204197 5.269999981 0 0
Cyprus 5.384184361 0 2037.000366 0.979355395 4.289999962 0.100000001 0.166666672
Malaysia 4.114543915 0 1420.000244 1.105364203 2.339999914 0.033333335 0.033333335
Belgium 2.651334524 0 5495.001953 1.115916967 7.460000038 0 0
Mauritius 3.02417779 0 2861.999268 1.127936959 2.440000057 0 0
Malta 6.652837753 0 1374 1.9926157 5.639999866 0 0

Using the regression results in part (2), what is the expected growth rate of a country evaluated at the mean of all the regressors?

A.

1.17%

B.

2.87%

C.

1.94 %

Your answer is correct.

D.

1.87%

Part 6

Repeat (4) but now assume that the country's value for YearsSchool is one standard deviation above its mean. The expected growth rate would be

A.

3.40 %

Your answer is correct.

B.

4.24 %

C.

1.94 %

D.

3.15 %

Part 7

Notice that Malta's trade share is very large, almost double its GDP. This seems extreme. To assess the sensitivity of your results to the inclusion of Malta, redo the regression in part (2) but drop the observation on Malta (now n=64 instead of n=65). How did the coefficient on TradeShares change?

A.

All the above

B.

It fell about 14 percent

C.

Without Malta a one percentage point increase in the Tradeshares will increase Growth by 0.0134 percentage points

D.

It fell from 1.56 to 1.34

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