4. You collect data from 1990-2017 on severance tax revenue and infrastructure expenditures for the state...

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4. You collect data from 1990-2017 on severance tax revenue and infrastructure expenditures for the state of West Virginia. You estimate the following regression model, expenditures+ = a + +Botaxreve + B₁taxrevt-1 + - A. Cross-sectional data and conventional standard errors B. Panel data and clustered standard errors C. Time series data and Newey-West standard errors 5. You collect data from 2015-2017 on severance tax revenue and infrastructure expenditures for all 50 states. You estimate the regression model expendituresit = a + ßtaxrevit + $i+ T2016 2016 2017 2017 + Eit- A. Cross-sectional data and conventional standard errors B. Panel data and clustered standard errors C. Time series data and robust standard errors 4. You collect data from 1990-2017 on severance tax revenue and infrastructure expenditures for the state of West Virginia. You estimate the following regression model, expenditures+ = a + +Botaxreve + B₁taxrevt-1 + - A. Cross-sectional data and conventional standard errors B. Panel data and clustered standard errors C. Time series data and Newey-West standard errors 5. You collect data from 2015-2017 on severance tax revenue and infrastructure expenditures for all 50 states. You estimate the regression model expendituresit = a + ßtaxrevit + $i+ T2016 2016 2017 2017 + Eit- A. Cross-sectional data and conventional standard errors B. Panel data and clustered standard errors C. Time series data and robust standard errors

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The given regression model is expenditurest taxrevt taxrevt1 t Based on the information provided The ... View the full answer