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First Run a regression using the given data from 1990 to 2001 having GDP as the dependent variable and the rest as independent variable 2.Then
- First Run a regression using the given data from 1990 to 2001 having GDP as the dependent variable and the rest as independent variable
2.Then run 15 more recursive regressions by adding one year at a time to the above until end of data. (First run a regression for data from 1990-2001 and then from 1990 to 2002 and so on adding one year at a time)
3.In total you should have 16 regressions
4.Tabulate the estimated Coefficients,
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