Use R to run a simple OLS regression with the natural log of CO2 as your dependent
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Question:
Use R to run a simple OLS regression with the natural log of CO2 as your dependent variable and the natural log of real GDP per capita as your explanatory variable. Specifically, run the following models:
You will have to take the natural logs of GDPpc and CO2 using R!
ln(CO2) = ???? ???? + ???? ???? ????????(????????????????????????) + ???? (Eq.1)
a. Provide your R output and write out your estimated regression equation.
b. What is the associated degrees of freedom and state whether standard normal critical values can be used.
Related Book For
Introductory Econometrics A Modern Approach
ISBN: 978-0324660548
4th edition
Authors: Jeffrey M. Wooldridge
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