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Year GDP INCOME HOUSEHOLD EXPENDITURE 2000 850,396 600,429 935,164 2001 925,936 674,223 1,015,217 2002 1,006,579 725,177 1,114,506 2003 1,091,333 801,177 1,195,189 2004 1,223,639 889,324 1,342,180
Year | GDP | INCOME | HOUSEHOLD EXPENDITURE |
2000 | 850,396 | 600,429 | 935,164 |
2001 | 925,936 | 674,223 | 1,015,217 |
2002 | 1,006,579 | 725,177 | 1,114,506 |
2003 | 1,091,333 | 801,177 | 1,195,189 |
2004 | 1,223,639 | 889,324 | 1,342,180 |
2005 | 1,354,481 | 1,001,726 | 1,487,705 |
2006 | 1,496,799 | 1,106,500 | 1,639,177 |
2007 | 1,651,799 | 1,193,910 | 1,789,736 |
2008 | 1,795,699 | 1,325,318 | 1,946,197 |
2009 | 1,899,600 | 1,426,912 | 2,102,753 |
2010 | 2,151,614 | 1,537,553 | 2,403,288 |
2011 | 2,351,209 | 1,689,009 | 2,612,737 |
2012 | 2,539,542 | 1,878,447 | 2,810,886 |
2013 | 2,772,721 | 2,031,658 | 3,099,395 |
2014 | 3,035,915 | 2,204,907 | 3,410,389 |
2015 | 3,204,277 | 2,372,797 | 3,586,223 |
2016 | 3,437,650 | 2,547,013 | 3,851,551 |
2017 | 3,745,533 | 2,782,053 | 4,194,538 |
2018 | 4,101,138 | 3,050,982 | 4,576,127 |
2019 | 4,426,077 | 3,340,847 | 4,921,330 |
2020 | 4,445,834 | 3,422,379 | 4,899,963 |
2021 | 4,345,736 | 3,394,799 | 4,459,882 |
Find the following using Eviews
1. Test of multicollinearity
2. Goodness of fit
3. Test of heteroscedasticity
>white test
>test of serial correlation (durbin watson)
>breusch-godfrey
4. Test of misspecification
5. Test for normality
NOTE: The independent variables are household expenditure and income. GDP is the dependent variable
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