The data file Indonesia Revenue show 15 annual observations from
The data file Indonesia Revenue show 15 annual observations from Indonesia on total government tax revenues other than from oil (y), national income 1x12, and the value added by oil as a percentage of gross domestic product 1x22. Estimate by least squares the following regression:
log yt = β0 + β1 log x1t + β2 log x2t + εt
Write a report summarizing your findings, including a test for autocorrelated errors.
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