Refer to table 63 find out the rate of growth of, Econometrics

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Refer to table 63 find out the rate of growth of

Refer to Table 6.3. Find out the rate of growth of expenditure on durable goods. What is the estimated semielasticity? Interpret your results. Would it make sense to run a double-log regression with expenditure on durable goods as the regressand and time as the regressor? How would you interpret the slope coefficient in this case.

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Econometrics: Refer to table 63 find out the rate of growth of

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