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Economics You are required to download two economic variables from any database e.g. , International Monetary Fund, World Bank e.t.c ranging yearly from 1980 to
Economics You are required to download two economic variables from any database e.g. , International Monetary Fund, World Bank e.t.c ranging yearly from 1980 to 2019 for any country . Required: Write an introduction about the chosen variables and why they are considered important for the economy. Remember to cite appropriately and avoid plagiarism. Choose a dependent and independent variable from the downloaded variables and run a simple OLS regression of the two selected variables using E- views or STATA and generate the stationarity test at |(O) and |(1) using both the Augmented Dicky Fuller and Perron Tests. Interpret the generated results at 5% level of significance. Write a conclusion about what has been observed from the yearly data ranging from 1980 to 2019 and give a recommendation of what can be done to improve the economy should need be. Course; Econometrics ||
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