Question: The data file Thailand Consumption shows 29 annual observations on private consumption (Y) and disposable income (X) in Thailand. Fit the regression model log yt

The data file Thailand Consumption shows 29 annual observations on private consumption (Y) and disposable income (X) in Thailand. Fit the regression model
log yt = β0 + β1log x1t + γlog yt-1 + εt
and write a report on your findings.

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Regression Analysis YlogCons versus XLogDI YlaglogCons The regression equation is YlogCons 0405 0373 ... View full answer

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