Question: fert = 1 + 2 * gas + e1 log(fert) = 1 + 2 * gas + e2 log(fert) = 1 + 2* log(fert) +

fert = 1 + 2 * gas + e1

log(fert) = 1 + 2 * gas + e2

log(fert) = 1 + 2* log(fert) + e3

What signs do you except for the intercept and slope parameter and why?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!