Reestimate Eq. (17.13.16) imposing (1) near-end restriction, (2) far-end restriction, and (3) both end restrictions and compare
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Reestimate Eq. (17.13.16) imposing (1) near-end restriction, (2) far-end restriction, and (3) both end restrictions and compare your results given in Eq. (17.13.16). What general conclusion do you draw?
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Using EViews we obtained the following results Coefficient NER FER BER Intercept 233844 ...View the full answer
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