Page 44 - Azerbaijan State University of Economics

Turaj Musayev: The Oil Boom in Azerbaijan and Modeling of Economic Growth in Post-Oil Era

Appendix 2
Estimation Command:
LS D(REAL_GDP) REAL_INVEST
Estimation Equation:
D(REAL_GDP) = C (1) *REAL_INVEST
Substituted Coefficients:
D(REAL_GDP) = 0.242165079471*REAL_INVEST

Dependent Variable: D(REAL_GDP)
Method: Least Squares
Date: 05/05/17 Time: 13:57
Sample (adjusted): 2000 2013
Included observations: 14 after adjustments
Variable Coefficient Std. Error t-Statistic Prob.
REAL_INVEST 0.242165 0.065306 3.708145 0.0021

4,000
3,000
2,000
3,000
1,000
2,000
0
1,000
-1,000
0
-1,000
-2,000
01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16
Residual Actual Fitted

Appendix 3
Estimation Command:
LS REAL_INVEST D(REAL_GDP)
Estimation Equation:
REAL_INVEST = C (1) *D(REAL_GDP)
Substituted Coefficients:
REAL_INVEST = 1.95418472519*D(REAL_GDP)

Dependent Variable: REAL_INVEST
Method: Least Squares
Date: 05/05/17 Time: 14:35
Sample (adjusted): 2000 2013
Included observations: 14 after adjustments
Variable Coefficient Std. Error t-Statistic Prob.
D(REAL_GDP) 1.954185 0.406420 4.808290 0.0003

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