Question: Choose five economic variables from any economic database ranging from 1990 to 2020 (Note; Let GDP be the dependent variable while you choose four independent
Choose five economic variables from any economic database ranging from 1990 to 2020 (Note; Let GDP be the dependent variable while you choose four independent variables of your choice to be the explanatory variables). The variables can either be quarterly, bi-annually or annually.
Required
Conduct and interpret appropriately at 5% level of significance the following;
- stationarity test,
- cointegration test,
- vector error correction model,
- stability test,
- normality test
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