The data file Thailand Consumption shows 29 annual observations on private consumption (Y) and disposable income (X) in Thailand. Fit the regression model log yt = b0 + b1log x1t + glog yt-1 + et and...

The data file Thailand Consumption shows 29 annual observations on private consumption (Y) and disposable income (X) in Thailand. Fit the regression model

log yt = b0 + b1log x1t + glog yt-1 + et

and write a report on your findings.

Test the null hypothesis of no autocorrelated errors against the alternative of positive autocorrelation.

May 19, 2022

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The data file Thailand Consumption shows 29 annual observations on private consumption (Y) and disposable income (X) in Thailand. Fit the regression model log yt = b0 + b1log x1t + glog yt-1 + et and...

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