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Question C1-ii: The estimated equation is Log(invpc) = -0.85325 + 3.87865 (d_lprice) + 0.00804t (0.04029) (0.958) (0.00160) n = 41 ; R2 = 0.5099 The
Question C1-ii: The estimated equation is Log(invpc) = -0.85325 + 3.87865 (d_lprice) + 0.00804t (0.04029) (0.958) (0.00160) n = 41 ; R2 = 0.5099 The coefficient of d_Iprice implies that a percentage increase in the growth in price will lead to an 3.87865 percentage increase in housing investment
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Economics Today The Macro View
Authors: Roger LeRoy Miller
18th Edition
0133884872, 978-0133884876
