Homework (Mathematical Econometrics) 1. [32 points] You observe an iid sample of data (Yi, Li, Ki) across a set of manufacturing firms i. Here Yi denotes the output (e.g. total sales) of the firm in some period, Li measures the labor input (e.g. total wage bill) of the firm in this period, and Ki measures […]
What is the research design used by the authors? Why did the authors use correlation or bivariate regression?
Correlation and Bivariate Regression Write a 3- to 5-paragraph critique of the article. In your critique, include responses to the following: What is the research design used by the authors? Why did the authors use correlation or bivariate regression? Do you think it’s the most appropriate choice? Why or why not? Did the authors display […]