Econometrics assignment – GradSchoolPapers.com

Healthcare Operations Management – Company Analysis – GradSchoolPapers.com
June 23, 2021
International Political Economy Assignment Task 2000 word essay: Choose an institution of global governance: the World Bank, the IMF or the WTO. Can this institution be considered to be hegemonic? Argue your case from either a neo-Gramscian perspective, a neo-realist or a neo-liberal institutionalist notion of hegemony. Unit Learning Outcomes Assessed. State what Unit learning outcomes are being covered by the assessment 1. # Explain the relationship between states and markets as the fundamental units of analysis in a political economy. 2. # Assess the impact of institutions of global governance (such as the World Bank, the IMF, the WTO and the UN) on the dynamics of the global economy. # Include unit learning outcomes as necessary Early Career/ World Class Professional Skills (PLOs being assessed or developed)/Assessed. Programme learning outcomes are referred to as professional skills for clarity for students, they will build portfolio of skills from level 4 through to L6 as will L7 and L8 students from the start of their programmes. For all levels refer to the Professional skills being develop or assessed in the assignment brief. These should also feature in the assignment feedback to the student 1. #PL01 (PI 1.1), Applied critical thinking 2. #PL02 (PI 2.1), Communication 3. #PL04 (PI 4.2), Professional and Commercial Awareness 4. #PL05 (PI 5.1), Subject specific knowledge and skills. # Include the Early Career/ World Professional Skill(s) to be developed or assessed. Assignment Details and Instructions. The aim of this assignment is to assess the understanding of theories of economic and political power in the global political economy. Therefore, a long or detailed history of the World Bank, the IMF or the WTO is unnecessary and thus the essay may focus on the contemporary period. Instead, essays should focus on the concepts of power and hegemony and if and how these institutions can be considered ‘hegemonic’ with respect to states and organisations in the international economy. It is important that the essay draws on the relevant literature from the reading list. Resources Reading list on Moodle; library. Group Work Guidelines (If applicable) N/A Unit Specification Brief Summary : This unit explores and critically appraises the relationship between states and markets, and assesses the impact of institutions of global governance on the dynamics of the global economy. On successful completion of this Unit, the student will be able to… Explain the relationship between states and markets as the fundamental units of analysis in a political economy; Assess the impact of institutions of global governance (such as the World Bank, the IMF, the WTO and the UN) on the dynamics of the global economy; Apply appropriate and relevant theoretical frameworks to contemporary issues. Conduct and present the findings of research into the international political economy. ? – GradSchoolPapers.com
June 23, 2021

Econometrics assignment – GradSchoolPapers.com

Econometrics assignment
The following are two macro production functions; the first is a static model, the second a dynamic model with a lagged dependent variable:
Static Model: Ln(yt) = β0 + β1 Ln kt + λ year + ut
Dynamic Model: Ln(yt) = β0 + β1 Ln (kt) + ρ Ln(yt-1) + λ year + vt
log(y) is the natural log of GDP per capita and log(k) is the natural log of capital per capita, Year is the trend variable.
The data for this exercise can be found in ‘Macro_PEBLIF’ (attached).
This macro data set is a merged file with data from PENN6.1, Barro and Lee (2000), the IMF Financial Statistics and measures of political and civil rights from the Freedom House annual ‘Freedom in
the World’ survey over the period 1950 to 2000.
Answer the following in 2 pages:
1. Estimate both the static and dynamic models using the time-series data over the period from 1950 to 2000 from ‘Macro_PEBLIF’ for Ghana, Argentina, South Korea and Australia.
2. What are the assumptions that ensure the OLS estimates are unbiased and consistent and how can they be tested?
3. What are the short- and long-run coefficients on capital and technical progress for both South Korea and Ghana?
4. Establish the time-series properties of the arguments for the production function.
5. Estimate the constant returns to scale production function and assess if the variables are cointegrated.
6. The implications of variables having a unit root

 
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