Question: Exercise 4.5 Consider again the data related to the 27 EU Member States used in Exercises 3.1 and 4.3. Consider also some additional data related

Exercise 4.5 Consider again the data related to the 27 EU Member States used in Exercises 3.1 and 4.3. Consider also some additional data related to the intensity of Hi-tec export (downloadable from the website http://

epp.eurostat.ec.europa.eu/portal/page/portal/region_cities/regional_ statistics/data/main_tables). In particular we classified each Member State as “high-intensity” if the percentage of hi-tec exports is greater than 18 per cent. The data are shown in the following table.

COUNTRY COUNTRY % of CODE Hi-tec Exports Hi-tec COUNTRY COUNTRY % of

On the basis of the results of Exercise 3.1 and of these new data, estimate a Probit model explaining Hi-tec intensity as a factor of Education in both the a-spatial and its spatial version using all three estimators (ML, GMM and LGMM) discussed in section 4.2.

COUNTRY COUNTRY % of CODE Hi-tec Exports Hi-tec COUNTRY COUNTRY % of Intensity CODE Hi-tec Hi-tec Intensity Exports Belgium 8.8 BG Bulgaria 4.6 Cz Czech 15.2 COO AT Austria 11.7 0 PL Poland 5.7 0 PT Portugal 3.7 Republic DK Denmark 12.3 DE Germany 14.0 EE Estonia 6.9 BE Ireland 22.1 ES Spain 4.8 FR France 19.7 000101 RO Romania 8.2 0 1 IT Italy 6.8 0 CY Cyprus 20.1 1 LT Lithuania 5.8 0 EEP **** SI Slovenia 5.5 SK Slovakia 5.9 FI Finland 13.9 SE Sweden 14:6 UK United 19.0 HOOOOO 0 0 0 Kingdom EL Greece 6.6 LU Luxembourg 41.9 LV Latvia 5.3 0 HU Hungary 22.2 1 MT Malta 35.2 1 NL. Netherlands 18.4 1

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