Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

Instructions:

Purpose of your research:

Your research is to determine if the value of Qatar's import of food from other GCC countries (KSA, UAE, Bahrain, Kuwait, and Oman) depends on Qatar's GDP, the GDP of the trading partners, and the distance between Qatar and each of the trading partners. In summary, you will estimate a Gravity Model of Trade for Qatar's food trade with other GCC countries.

Tasks:

1. Use the United Nation's Comtrade database (http://comtrade.un.org/) to download Qatar's annual food imports from GCC member countries from 2000 to 2014. Use the BEC classification and select option 1 for "food and beverages".

2. You will be able to download GDP values for all countries from the World Bank (http://data.worldbank.org/).

3. You will collect data on road distance between Qatar (Doha) and capital cities in GCC member countries from the web. Useful sources include http://geobytes.com/CityDistanceTool/.

4. You will estimate a multiple regression equation, with value of food imports as dependent variable, and (i) GDP of Qatar, (ii) GDP of other GCC member countries and (iii) distance between Qatar and other GCC countries as independent variables.

5. a. Present your original output as is.

b. Reorganize and present your parameter estimates in a Table format.

c. Explain your results in not more than one(1) page.

d. Attach your data to your report.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M91585216

Have any Question?


Related Questions in Statistics and Probability

Question i dont understand how you would test if the data

Question: I don't understand how you would test if the data shows that there is a difference between some supplies if the testing level is at 1%? Can you show me the steps of how you would test if the data shows that the ...

If a fair coin is tossed five times what is the probability

If a fair coin is tossed five times, what is the probability of tossing exactly three heads?

Bond a is a 1-year zero-coupon bond bond b is a 2-year

Bond A is a 1-year zero-coupon bond. Bond B is a 2-year zero-coupon bond. Bond C is a 2-year 10% coupon bond that pays annually. The yield to maturity (annually compounded) on bond A is 10%, and the price of bond B is $8 ...

Describe the scales of measurement of data that should be

Describe the scales of measurement of data that should be summarized by a measure of location such as a sample mean and a sample median? When is the sample median a better measure of location than the sample mean? Why do ...

A sample of 184 randomly selected students found that the

A sample of 184 randomly selected students, found that the proportion of students planning to travel home for Thanksgiving is 0.69. What is the standard deviation of the sampling deviation?

Can you please assist with this the stock price

Can you please assist with this. The stock price distribution is skewed to the right. The mean is $5 and the standard deviation is $6. At least what proportion of prices is located between 1.5 standard deviations. Hint: ...

How many years and months will it take 2 million to grow to

How many years (and months) will it take $2 million to grow to $5.60 million with an annual interest rate of 7 percent?

In a sample of 20 cups of coffee at the local coffee shop

In a sample of 20 cups of coffee at the local coffee shop, the average temperature was 162.5 degrees with a standard deviation of 14.1 degrees. What would be the 95% confidence interval for the temperature of your cup of ...

Rework problem 20 from section 34 of your text involving

Rework problem 20 from section 3.4 of your text, involving silver rental cars with navigation systems. Assume that the car lot contains 35 percent Lincolns, 35 percent Jaguars, and 30 percent BMWs. Of the Lincolns, 90 pe ...

On august 19 2004 the internet search firm google went

On August 19, 2004, the Internet search firm Google went public, at an offer price of $85 per share. The IPO was unconventional in that Google used an auction to determine its offer price and sell shares to investors. In ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As