Question: A model is formed as Yt = f(Xt, Xt1, Xt2, Xt3, Xt4) such that Yt = 73.2 + 1.4Xt + 0.471 Yt1. Create the Koyck
A model is formed as Yt = f(Xt, Xt−1, Xt−2, Xt−3, Xt−4) such that Yt =
73.2 + 1.4Xt + 0.471 Yt−1. Create the Koyck transformation.
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