OTOZ :Tdures 2020 SIo IO recrumN R-squared 0.9605 Adj R-squared 0.8684 Log likelihood - 33.162769 Root MSE 0.0227 D.lprod Coef. Std. Err. P>|t| (954 Conf. Interval] ADJ lprod L1. -1.026362 .1773206 -5.79 0.010 -1.590676 -.4620492 LR lprice -.4590519 0901793 -5.09 0.015 -.7460428 -.172061 --. SR lprice D1. .5652254 .0729919 7.74 0.004 3329326 7975181 LD. .6474359 .1043657 6.20 0.008 3152977 9795742 L2D. 5861788 .0911761 6.43 0.008 .2960158 .8763417 L3D. .3358007 .0766534 4.38 0.022 .0918554 .579746 L4D. .1757377 .0501432 3.50 0.039 .0161596 .3353158 cons 14.11953 2.368291 5.96 0.009 6.582571 21.65649

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Question

interpret the short-run elasticity and long-run elasticies.

Sample: 2010 - 2020
Number of obs
11
R-squared
0.9605
Adj R-squared
0.8684
Log likelihood =
33.162769
Root MSE
0.0227
D.lprod
Coef.
Std. Err.
t
P>|t|
[95% Conf. Interval]
ADJ
lprod
L1.
-1.026362
1773206
-5.79
0.010
-1.590676
-.4620492
LR
lprice
-.4590519
0901793
-5.09
0.015
-.7460428
-.172061
--.
SR
lprice
Di.
.5652254
.0729919
7.74
0.004
3329326
-7975181
LD.
-6474359
.1043657
6.20
0.008
3152977
.9795742
L2D.
.5861788
.0911761
6.43
0.008
2960158
.8763417
L3D.
.3358007
.0766534
4.38
0.022
.0918554
.579746
L4D.
.1757377
-0501432
3.50
0.039
.0161596
.3353158
cons
14.11953
2.368291
5.96
0.009
6.582571
21.65649
Transcribed Image Text:Sample: 2010 - 2020 Number of obs 11 R-squared 0.9605 Adj R-squared 0.8684 Log likelihood = 33.162769 Root MSE 0.0227 D.lprod Coef. Std. Err. t P>|t| [95% Conf. Interval] ADJ lprod L1. -1.026362 1773206 -5.79 0.010 -1.590676 -.4620492 LR lprice -.4590519 0901793 -5.09 0.015 -.7460428 -.172061 --. SR lprice Di. .5652254 .0729919 7.74 0.004 3329326 -7975181 LD. -6474359 .1043657 6.20 0.008 3152977 .9795742 L2D. .5861788 .0911761 6.43 0.008 2960158 .8763417 L3D. .3358007 .0766534 4.38 0.022 .0918554 .579746 L4D. .1757377 -0501432 3.50 0.039 .0161596 .3353158 cons 14.11953 2.368291 5.96 0.009 6.582571 21.65649
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