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The world bank zip file (WDI_EXCEL) contains information on a wide range of countries, and there are around 370,000 rows of data. Big cross-country data

The world bank zip file (WDI_EXCEL) contains information on a wide range of countries, and there are around 370,000 rows of data. Big cross-country data sets like this are updated less frequently than country level data, but they allow a range of comparisons to be made. For Australia and New Zealand find the data for the data for: "Methane emissions (kt of CO2 equivalent)". The data will run from 1990 to 2020 (inclusive). Note that the individual country data is indexed alphabetically.

Use a regression model with Time (Year) as the explanatory variable and the log of Methane emissions (kt of CO2 equivalent) as the dependent variable and select the appropriate responses for Question 4. The specific question you will need to answer are as follows:

Whether emissions in Australia and New Zealand have reduced/increased/not changed over the sample period.

Whether or not emission changed faster in one country compared to the other (defined by the difference in the slopes).

Whether emissions are higher in Australia or New Zealand (defined by the difference in the intercepts).

Whether or not there is evidence of within group autocorrelation.

Whether or not there is evidence of heteroskedasticty.

solve using R

using data set:

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Country Name Country Code Indicator Name Indicator Code 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Australia AUS Methane emissions (kt of CO2 equivalent) EN.ATM.METH.KT.CE 143963.4518 144369.5952 142589.2461 141173.3985 142055.5843 141174.8666 135242.431 136333.0255 140251.3865 155000.7971 165945.0627 176871.5074 170481.6823 130893.3894 151512.9589 133024.2817 151664.4966 149356.4064 133197.6192 137197.9021 129412.3143 177596.5253 176798.0167 140883.7869 154126.1748 151225.3204 134687.3658 157518.4258 156428.4008 144211.7857 131484.7632
New Zealand NZL Methane emissions (kt of CO2 equivalent) EN.ATM.METH.KT.CE 32973.42867 32562.33643 32272.69936 32235.78977 33008.03521 33754.36056 33365.65387 33714.5906 32972.1145 33313.73033 32754.44514 33077.81077 33821.96034 33938.27504 33844.94364 33749.83903 33938.05154 33887.24122 33297.88316 33613.45692 33578.19957 33510.93673 33984.41218 33804.43657 34096.55682 33219.46724 33181.70713 32959.37397 32778.70832 32574.08016 32241.937

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