Question: Suppose you are considering the following dynamic model: Corn Yield_t=_0 _1 Prec_t _2 Time_t Corn Yield_(t-1) u_t If errors are serially correlated, what is the

Suppose you are considering the following dynamic model: Corn Yield_t=_0 _1 Prec_t _2 Time_t Corn Yield_(t-1) u_t If errors are serially correlated, what is the consequence of estimating this model with OLS? (2 points)

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