STAT2000: Quantitative Analysis

STAT2000: Quantitative Analysis













ASSESSMENT BRIEF
Subject Code and TitleSTAT2000: Quantitative Analysis
AssessmentGroup Assignment
Individual/GroupGroup
SubmissionBy week ending 11:55pm AEST/ADST Sunday
Weighting20%

 

Research topic: Economic growth, manufacturing and foreign direct investment

Objective: To examine the association of economic growth with manufacturing and foreign direct investment

Context: International

Data period: 1996 to 2012

Data source: World Development Indicators and World Governance Indicators

Instructions:


  1. Describe the data (e.g., mean, standard deviation, skewness, kurtosis, median, max, and min)

  1. Prepare correlation matrix

  2. Report regression results

  3. Write a report stating clearly the objectives of this research, background (i.e., the importance of this research), the hypothesis, analysis of your findings, and the conclusion

Methodology


We apply multiple regression analysis to estimate the following baseline model.

Growth = β! + β!×Privatecredit + β!×Remittances + β!×Manufacturing

+ β!×Services + β! ×Foreigndirectinvestment

+ β! ×Workforceparticipation + β! ×Wages + β! ×Inflation

+ β! ×Inequality + β!"×Income + β!!× Income!

+ β!"×Controlofcorruption + β!"×Stability

+ ε                                                                                                                   (1)

where Growth is the dependent variable. Manufacturing and Foreign direct investment are the research variables. Private credit, Remittances, Services, Workforce  participation, Wages, Inflation, Inequality, Income, Income2, Control of corruption and Stability are the control variables. The variables are discussed in Table 1.

Table 1: Variable Descriptions















































VariablesOperational definitionSource
GrowthAnnual growth of real GDP per capitaWDI
PrivatecreditDomestic credit to private sector (% GDP)WDI
RemittancesPersonal remittances, received (% GDP)WDI
ManufacturingManufacturing, value added (% GDP)WDI
ServicesServices, value added (% GDP)WDI
ForeigndirectinvestmentForeign direct investment, net inflows (% GDP)WDI
WorkforceparticipationLabor force/Population aged over 15 yearsWDI
WagesWages and salaried workers, total (% of total employedWDI
InflationConsumer price inflationWDI
InequalityGini coefficientWDI
IncomeReal GDP per capita in the host country (1000s of constant 2005 international dollar)WDI
Income2Squared term of IncomeWDI
ControlofcorruptionIndex: Control of corruption (-­‐2.5 to 2.5)WGI
StabilityIndex: Political stability and Absence of violence/terrorism (-­‐2.5 to 2.5)WGI

 

Learning Rubrics























































































































Assessment Attributes0-34

(Fail 2– F2)

 

 

Unacceptable		35-49 (Fail 1 – F1)

 

 

Poor		50-64

(Pass -P)

 

 

Functional		65-74

(Credit - CR)

 

 

Proficient		75-84

(Distinction – DN)

 

 

Advanced		85-100

(High Distinction – HD)

 

Exceptional
Grade DescriptionThe assignment doesThe assignmentThe assignmentThe assignmentThe assignmentAll the requirements of
(Grading Scheme)not even includeincludes descriptiveincludes backgroundincludes backgroundincludes backgroundthe assignment are
 descriptive statistics,statistics, correlationand objectives, dataand objectives,and objectives,properly addressed.
 correlation matrix andmatrix and regressionand methodologyhypotheses, data andhypotheses, data andThese should include:
 regression output.output but lacks thedescriptive statistics,methodology,methodology,1. Background and
  background andcorrelation matrix anddescriptive statistics,descriptive statistics,objectives of the
  objectives, hypothesesregression output butcorrelation matrix andcorrelation matrix,research
  data and methodology,lacks the hypotheses,regression output butregression output, and2. Hypotheses
  findings and analysis,findings and analysis,lacks the findings andfindings and analysis3. Data and
  and conclusions.and conclusions.analysis, andbut lacks themethodology including
    conclusions.conclusions.descriptive statistics and
      correlation matrix
      4. Results (regression
      output)
      5. Findings and analysis
      6. Conclusions

 

Comments

Post a Comment

Popular posts from this blog

ACC030243 Corporate Governance SCU Assignment 2

ACC03043 Corporate Governance Assessment Task 2 Due Date:                          Sunday 5 August 2018 Length:                                2,000 words total (+/- 10%). Reference list and cover sheet details are not included in this word-limit total. Weighting:                        25% of total unit marks Assessment Criteria: Demonstration of knowledge of the issues and evidence of wide reading to support your analysis Demonstration of your ability to apply the knowledge to identify keys issues leading to your recommendations Evidence of sound reasoning and the exercise of professional judgement to support your recommendations Development and statement of concise recommendations for presentation to the AICD Overall structure and professional presentation of the report to the AICD High quality written communication of concepts and terms in ordinary English as not all readers of the report can be assumed to be specialists competent in corporate governance Case Study ‘
Read more

Accounting Assignment Solution

Image
Accounting Assignment Solution Are you an accounting student? Are you laden with tons with assignments, homework that is making your life immensely hectic? So, we Punjab assignment help are here to provide you the benefit of our accounting assignment Solution services, in order to get the services contact us at www.punjbassignmenthelp.com Well, you should know that you are just not the only one. Being an accountancy student is just not easy. It involves the business language of the society. Accounting involves maintenance of finances, investments and laying down all calculations for accounting assignments. A general guideline on Financial Accounting assignment solutions: Try to understand and learn the concepts well from the basic since the beginning. Just as soon as the matter starts in class, give full concentration as to what is being taught in classroom. This not only saves time but also gives you enough time to prepare. Always try to grab the concepts well. In case you are hav
Read more

CSG1207 | DATABASE DESIGN AND IMPLEMENTATION ONLINE STORE

Image
CSG1207 | DATABASE DESIGN AND IMPLEMENTATION ONLINE STORE | DATABASE COMPUTER ASSIGNMENT HELP Task 1 (Database Design) This task is to design a database for the given scenario on the following page. Your final database design should include approximately eight entities. Note: The scenario for this assignment is the same as the one from Task ¾ of Assignment 1. State any assumptions you have made regarding your database design at the starting of the database design document. Do not make any assumptions that significantly change the structure of the scenario, as this may make Task 2 of the assignment more inappropriate. You need to make assumptions that affect your database design. Finally, create a data dictionary with an entry for each entity in your database. The entries should list the entity name, a description of its purpose, a list of attributes, and details of any constraints applied to attributes. List the entries in your data dictionary in an applicable table creation order that
Read more