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Replicate the estimations in Table 2 on page 82 of Graddy (1995), but excluding the data of King Whiting.
what are factors contributing to the long run trend interms of trade of developing countries?
Suppose a small open economy is characterised by the following equations/information: Y =6K 0 L 1-α K 0 = 30,000 L 0 = 10,000
Following the general methodology used by econometricians as explained in the session for week 1 (eight steps), explain how you would proceed to determine if a good complies with t
As in the model solved initially, the following is the LP model Maximize Z = $42.13*(x 11 + x 12 + x 13 + x 14 ) + $38.47*(x 21 + x 22 + x 23 + x 24 ) + $27.87*(x 31 + x
verify Leibniz rule for differentiation under the integral sign for the following function 2x^2+3xy+3y^2
if there is no autocorrelation what will be done
What''s the relationship between economic efficiency and technical efficiency
Hedging ?nancial risk is a very important practical issue in economics. In this exercise, you will derive your optimal hedge ratio, assuming that you are an expected utility maxim
What is the expected value and variance of y = 3x+2 knowing that E(X) = 8 and var(X) = 4.
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