Question: ECON 3513 Final FALL 2015 Name ( 10 points ) The following table is taken from Knack and Keefer 's 1997 QUE article ,

ECON 3513 Final FALL 2015 Name ( 10 points ) The following table is taken from Knack and Keefer 's 1997 QUE article , " Does Social Capital Have an Economic Payoff ? " . Here the authors conduct 7 different regression n regression runs using 29 country level observations . Examine Column I , where the dependent variable is GDP Growth Pay particular attention I TRUST's coefficient Is it statistically significant ( the standard error is in parentheses below ) ? Given the trust's units are percentage pointsi , how does a 10 percentage point increase in trust affect GDP Growth 82 TRUST CAN COOPERATE Equation 2.733 Dependent inwith long 0 082 ( coefficient estimate ) Constant an 10.030) ( standard error ) (131 THEIN100 0.OC ( LAID 01030 TRUST 29 TRUST GOFOR 6 Mean DV commentedongovernment parentheses braverman where you were taken on Iused was place them that It sad ness to and taking All it is setificate tes
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