LABOR ECON-CONNECT ACCESS
8th Edition
ISBN: 9781264604197
Author: BORJAS
Publisher: MCG
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Chapter 9, Problem 8P
To determine
Decompose the raw difference in average logged wages using the Oaxaca-Blinder decomposition.
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We have estimated the impact of gross domestic product (GDP), energy consumption (ENERGY) and population
(POP) on CO2 emiisions (CO2) in Cyprus. The results are as follows,
Dependent Variable: CO2
Method: Least Squares
Date: 04/20/17 Time: 09.46
Sample: 1990 2013
Included observations: 24
Variable
Coefficient
Std. Error
t-Statistic
Prob.
GDP
ENERGY
POP
2.002813
0.022114
-0.734352
0.203927
6.458672
0.011872
0.328388
0.293686
0,310097
1.862670
-2.236233
0.694371
0.7597
0.0773
0,0369
0.4954
R-squared
Adjusted R-squared
S.E. of regression
Sum squared resid
Log likelihood
F-statistic
Prob(F-statistic)
0.825079 Mean dependentyar
0.798841
0.048515 Akaike info criterion
0.047074 Schwarz criterion
40.75460 Hannan-Quinn.criter.
31.44583 Durbin-Wats on stat
0.000000
3.625982
0.108170
-3.062883
-2.866541
-3.010793
1.410912
S.D. dependent yar
a Write down the economie function for the above estimation by using the information obtained from
above table|
b- Write down the economic model for the above…
Test whether the slope coefficient in both Model is statistically significant at 10% significance level.
Show the graphical form of the econometric error using sample regression line (SRL) and the population regression line(PRL).
Chapter 9 Solutions
LABOR ECON-CONNECT ACCESS
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