Using the results from Problem 8.1 forecast the birth rate of a country with the characteristics given
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Using the results from Problem 8.1 forecast the birth rate of a country with the characteristics given in Problem 7.9 (see page 254) (point estimate only).
Problem 7.9
From your results for the birth rate model, predict the birth rate for a country with either
(a) GNP equal to $3000,
(b) A growth rate of 3% p.a.,
(c) An income ratio of 7. How does your prediction compare with one using Todaro’s results? Comment.
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Related Book For
Statistics For Economics Accounting And Business Studies
ISBN: 978027368308
4th Edition
Authors: Michael Barrow
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