kindly answer this as soon as possibe. In order to increase the OUTPUT, The President of Mexican economy announced many incentives to the workers of this country including, increase in minimum wages...


kindly answer this as soon as possibe.<br>In order to increase the OUTPUT, The President of Mexican economy announced<br>many incentives to the workers of this country including, increase in minimum<br>wages in 1991. To know the impact of this government policy, on the OUTPUT of<br>the Mexican economy, apply the CHOW test, and interpret your empirical results<br>Year<br>Output<br>Capital<br>Labour<br>1981<br>28<br>38<br>637<br>1982<br>37.5<br>64.2<br>643.3<br>1983<br>40.4<br>68.8<br>651<br>1984<br>46.2<br>75.5<br>685.7<br>1985<br>51.1<br>84.4<br>710.7<br>1986<br>53.9<br>91.8<br>724.3<br>1987<br>56.8<br>99.9<br>735.2<br>1988<br>65.4<br>109.1<br>760.3<br>120.7<br>132<br>1989<br>74.9<br>777.6<br>1990<br>80.9<br>780.8<br>1991<br>90.8<br>146.6<br>825.8<br>1992<br>101.9<br>162.7<br>864.1<br>1993<br>114.4<br>180.6<br>894.2<br>1994<br>101.8<br>197.1<br>891.2<br>1995<br>107.6<br>209.6<br>887.5<br>1996<br>117.6<br>221.9<br>892.5<br>1997<br>123.2<br>232.5<br>930.1<br>1998<br>130.9<br>243.5<br>970.1<br>

Extracted text: kindly answer this as soon as possibe. In order to increase the OUTPUT, The President of Mexican economy announced many incentives to the workers of this country including, increase in minimum wages in 1991. To know the impact of this government policy, on the OUTPUT of the Mexican economy, apply the CHOW test, and interpret your empirical results Year Output Capital Labour 1981 28 38 637 1982 37.5 64.2 643.3 1983 40.4 68.8 651 1984 46.2 75.5 685.7 1985 51.1 84.4 710.7 1986 53.9 91.8 724.3 1987 56.8 99.9 735.2 1988 65.4 109.1 760.3 120.7 132 1989 74.9 777.6 1990 80.9 780.8 1991 90.8 146.6 825.8 1992 101.9 162.7 864.1 1993 114.4 180.6 894.2 1994 101.8 197.1 891.2 1995 107.6 209.6 887.5 1996 117.6 221.9 892.5 1997 123.2 232.5 930.1 1998 130.9 243.5 970.1

Jun 11, 2022
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