Download STRATEGY TO COMPLETE GROWTH EXCERCISE

STRATEGY TO COMPLETE GROWTH EXCERCISE.
Start by calculating (in excel) variables that are later used in the exercise:
The average annual growth rate of GDP per capita between 1950-1990, 1950-60, 1960-70,
70-80, 80-90, 90-2000.
Also calculate the average growth rate of GDP per worker between the years 1950-2004.
For exercise 2 you also need to calculate the average investment rate between 1950-2000, the
population growth rate between 1950-2000, average government consumption (as a share of
GDP) between 1950-2000, the average value of openness between 1950-2000.
How do I perform the regression analysis in EXCEL, Swedish version.
1. Välj 1. Verktyg. 2. Dataanalys. 3. Regression.
Dependent variable: c1:c10
Independent variables: a1:b10
If the dependent variable is in column c: row1 to row10.
If two independent variables are in columns 1-2: row 1 to 10
How do I perform the regression analysis in EXCEL, English version.
2. Choose 1. Tools. 2. Dataanalysis. 3. Regression.
Dependent variable: c1:c10
Independent variables: a1:b10
If the dependent variable is in column c: row1 to row10.
If two independent variables are in columns 1-2: row 1 to 10
When you have calculated all relevant variables it is a good idea to load the data into SPSS.
How do I do that?
Open SPSS for windows.
To load data in SPSS:
File; Open; Data; select crossnewstudent.xls
To perform regression analysis in SPSS:
Analyze; regression; linear; then you choose dependent and independent(s) variables;
Then you press OK, which gives you the regression output, which you may want to print out.
In exercise 1 you are asked to provide plots. In SPSS:
Graph;Scatter;simple; choose dependent and independent variable(s); OK
ANOTHER COMMENT:
Note however that points (“.”) should be replaced by (“,”) as SPSS is a Swedish version.
By including time dummy variables one allows the intercept to vary with time.