Question
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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