According to Barro's simple linear regression relating data on the levels of 1973 real per capita GDP and post-1973 rates of growth,
A) per capita real output in the world has converged since 1973.
B) per capita real output in the world has diverged since 1973.
C) there is no statistically significant relationship between initial income and subsequent growth.
D) our impression from eye-balling the data was completely wrong.
Correct Answer:
Verified
Q19: In a statistical study where he tests
Q20: Sala-i-Martin's famous (1997) robust study entitled I
Q21: Hall and Jones estimates of the levels
Q22: From a broad economic perspective, technology is
Q23: Regression analysis is:
A) a statistical method that
Q24: The formal statistical procedure of regression analysis
Q25: Regression analysis is useful in pointing out
Q26: The following is an example of a
Q27: The estimated value of a coefficient in
Q29: The Cobb-Douglas production function Y = AKαL1-α
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents