Wednesday, June 19, 2019
What affects development in Bulgaria, Hungary, Lithuania and Poland Research Paper
What affects development in Bulgaria, Hungary, Lithuania and Poland Statistical project (must be done in State program) - Research Paper ExampleThe model had hoggish domestic product as the dependent changeable and energy production (kt of oil equivalent) exports of goods and services (% of gross domestic product) gross nest egg (% of GDP) imports of goods and services (% of GDP) labour participation rate, chalk up (% of come population ages 15+) life expectancy at birth, total (years) market capitalization of listed companies (% of GDP) real please rate (%) interrogation and development expenditure (% of GDP) stocks traded, total value (% of GDP) Bulgaria dummy variable Hungary dummy variable Lithuania dummy variable year 1995 dummy variable 1996D 1997D 1998D 1999D 2000D 2001D 2002D 2003D 2004D 2005D 2006D 200D7 and 2008D as the independent variables.The model results demonstrated that a percentage increase in energy production (kt of oil equivalent), ceteris paribus, leads t o 0.0003 percentage increase in GDP while a percentage increase in the average of exports and imports of goods and services (% of GDP), ceteris paribus, causes the GDP to grow by 0.017 percent. Further, a percentage increase in gross savings (% of GDP), ceteris paribus, cause the GDP to grow by 0.77 percent while an increase of one percent in labor participation rate total (% of total population ages 15), ceteris paribus, causes a decrease in GDP growth of 0.35 percent. A percentage increase in life expectancy at birth, total (years), ceteris paribus, causes the GDP to increase by 2.9 percent while market capitalization of listed companies (% of GDP) increase by one percent causes a 0.21 percentage increase in GDP. Real interest rate (%) increase by one percent causes a GDP decrease of 0.06 percent while an increase in research and development expenditure (% of GDP) by one percent decreases GDP growth by 0.62 percent. An increase of one percent in stocks traded, total value (% of GD P) causes the GDP to decrease by 0.02 percent. Further, the GDP for Bulgaria was found to be higher than that for Poland by 0.32 percent while that for
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