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Question 2: Develop a triple DiD model for the following legislation for real-estate developers. Clearly specify your variables (Dependent variable, independent variable, main variable of

Question 2: Develop a triple DiD model for the following legislation for real-estate developers. Clearly specify your variables (Dependent variable, independent variable, main variable of interest, and control variables). The exogeneous shock is as follows: Debt cost for the real-estate developers has been increased after the regulatory decision of no input tax credit (ITC) under 1%/5% rule.

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