Question: The following equations were estimated using the kielmc database for the years 1978 and 1981: Model 1: Model 2 Compare the estimates for the interaction

The following equations were estimated using the "kielmc" database for theyears 1978 and 1981: Model 1: Model 2 Compare the estimates forthe interaction term with those of the equation: Why are the estimatesso different? image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed

The following equations were estimated using the "kielmc" database for the years 1978 and 1981:

Model 1:

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image text in transcribed

image text in transcribed

image text in transcribed

Model 2

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image text in transcribed

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Compare the estimates for the interaction term image text in transcribed with those of the equation:

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image text in transcribed

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Why are the estimates so different?

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