ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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A pattern in the coefficients of the
time fixed effects binary variables
may reveal the following in a study of
the determinants of total factor
productivity growth using panel data:
a.
b.
C.
d.
e.
f.
total factor productivity
shocks for particular
entities in the panel.
total factor productivity
shocks for individual
entities.
there is no economic
information that can be
retrieved from these
coefficients.
An increase in total factor
productivity that benefits
all entities equally in a
given year.
All of the above.
None of the above.
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Transcribed Image Text:A pattern in the coefficients of the time fixed effects binary variables may reveal the following in a study of the determinants of total factor productivity growth using panel data: a. b. C. d. e. f. total factor productivity shocks for particular entities in the panel. total factor productivity shocks for individual entities. there is no economic information that can be retrieved from these coefficients. An increase in total factor productivity that benefits all entities equally in a given year. All of the above. None of the above.
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