(Nb: this is an undergraduate course, Econometrics I ) Econometrics Empirical Project Software requirement: EVIEWSDue Nov 20, 11:59PMPage requirement: 7+Attached are the full project detailsPLEASE READ THE ATTACHMENT Empirical project on an Economics topic of your choosing (Example The relationship between economic Growth and Government expenditure in Barbados) . The country selected MUST BE FROM THE CARIBBEAN. Outline: Statement of the problem: describe the problem you have studied, the questions you have asked, and the broad hypothesis you have tested. Review of Literature: summarize the relevant literature. Formulation of a general model: describe the initial model you formulated and point out the difference between your model and those reviewed in the RL. Data Sources and Description: Present a table of variable names and their definitions. Specify the source of data and attach a copy of raw data. Model Estimation and Hypothesis Testing. Present the regression results in tables with relevant statistics. Interpretation of the Results and Conclusion. Present some concluding remarks regarding the study and put it in perspective with other studies. Include tables Limitation of the Study and Possible Extension. Recognize the limitations of the study. Limitations might be due to inadequate data, lack of appropriate software package, etc. Acknowledgments References
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