Question: 2. Suppose that the following import function for Turkey is estimated for Turkey between 1980-2015 Import; = a1 + a,GDP, + ,ER, + ut|

2. Suppose that the following import function for Turkey is estimated for

2. Suppose that the following import function for Turkey is estimated for Turkey between 1980-2015 Import; = a1 + a,GDP, + ,ER, + ut| In order to measure the impact of 2001 crisis the regression is estimated based on the whole and two subsamples and the following RSS are obtained. Time period: 1980-2000 RSS1= 69 Time period: 2001-2015RSS2 =35 Time period: 1980-2015. RSS = Carry out the Chow test whether the regressions for the two periods are different at 5% significance level.

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