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Econometrics - Speech or Presentation Example

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The key hypothesis in this paper is that “Democracies have bad rood conditions compared to autocratic rule holding all other explanatory variables constant”. This means that governments in the world which are perceived or are build on democratic principles have poor rood…
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Econometrics
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Download file to see previous pages On the other hand, democratically elected governments due to the aspect of resource distribution may end up distributing among the various interested parties and fail to invest in road network or may have the need to transfer the burden to future governments.
To get the motivation for the study, the author refers mostly to what other writers have said about the subject matter. Literature review forms a good foundation for any scientific paper if it is to acquire the required scientific rigor. Further, citations are a confidence boosting phenomena employed to capture the reader’s attention rather than appearing like a one man show which may not have much influence once the results/findings are made ready. The use of data from authoritative sources like the UN is another technique of motivating the hypothesis for the study. Research done shows that using information from a source which is often seen as an authority is important for any research study.
From equation 1, ‘P’ is the share of the paved roads in poor condition, ‘Dem’ is an index of democracy for any country while ‘X’ are the other variables (additional explanatory variables) which may be of affect the road quality in a certain country. The share of the paved roads in poor condition is the dependent variable while democratic index and X are the independent variables. The share of the paved roads in poor condition is determined by how the country is democratically and other variables which include temperatures, growth etc.
The coefficient γ shows the amount of chance anticipated on the share of the paved roads in poor condition once a country’s democratic index increases or decreases by a unit. The coefficient can either be a negative or positive depending on the data. Β shows the impact of any other factor holding all the other factors constant.
The coefficient of determination, R-squared show the ...Download file to see next pagesRead More
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