4. The following model analyzes the impact of corruption activities on the economic growth of 100 countries. In PE = 2.410 + 1.367 In EX+ 0.222 In ST - 0.980 In DI (0.048) (0.063) (0.029) -0.3755 D₂ - 0.2799 D₂ +0.3634 D₂ + 0.567 D₂ (0.290) (0.1044) (0.166) (0.079) The figures in parentheses are the standard error of the regression coefficient Where PE = economic growth (%) EX = export growth (%) ST= total sales tax collection (RM billion) DI = foreign direct investment Corruption activity is measured using the dummy variables of the Corruption Perception Index (CPI) as follows:

4. The following model analyzes the impact of corruption activities on the economic growth of 100 countries. In PE = 2.410 + 1.367 In EX+ 0.222 In ST - 0.980 In DI (0.048) (0.063) (0.029) -0.3755 D₂ - 0.2799 D₂ +0.3634 D₂ + 0.567 D₂ (0.290) (0.1044) (0.166) (0.079) The figures in parentheses are the standard error of the regression coefficient Where PE = economic growth (%) EX = export growth (%) ST= total sales tax collection (RM billion) DI = foreign direct investment Corruption activity is measured using the dummy variables of the Corruption Perception Index (CPI) as follows:

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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