Question

CC	CO	PPPPGDPlog	GFCF	GOV_EXP
Afghanistan	Asia	7.54	17.7	12.3
Armenia	Asia	8.93	20.9	14.5
Australia	Oceania	10.67	28.3	17.7
Austria	Europe	10.70	22.2	19.8
Bangladesh	Asia	7.96	28.4	5.1
Belgium	Europe	10.61	22.3	24.4
Belize	North America	9.01	17.8	15.1
Benin	Africa	7.46	26.3	11.2
Bolivia (Plurinational State of)	South America	8.69	19.1	13.9
Botswana	Africa	9.63	33.9	19.7
Brazil	South America	9.59	18.2	22.0
Bulgaria	Europe	9.66	21.3	16.5
Cambodia	Asia	7.99	18.1	5.2
Canada	North America	10.64	23.7	21.7
Chile	South America	9.99	23.6	12.4
China	Asia	9.35	47.3	14.1
Colombia	South America	9.39	24.5	16.7
Congo (Democratic Republic of the)	Africa	6.66	20.6	12.4
Costa Rica	Central America	9.51	21.0	17.9
Côte d'Ivoire	Africa	8.04	17.0	8.4
Croatia	Europe	9.91	19.3	20.0
Cyprus	Europe	10.22	18.4	19.7
Denmark	Europe	10.65	18.3	26.7
Dominican Republic	Central America	9.38	21.5	10.1
Egypt	Africa	9.28	13.8	11.7
El Salvador	Central America	8.92	15.1	12.0
Estonia	Europe	10.13	27.3	19.1
Fiji	Oceania	8.92	21.1	15.0
France	Europe	10.52	22.1	24.1
Germany	Europe	10.67	19.8	19.3
Ghana	Africa	8.26	22.7	16.6

PPPPGDPlog	Gross domestic product based on purchasing-power-parity (PPP) per capita GDP (natural logarithm), in current international dollars; 2015.
GFCF	Average total investment as percentage of GDP; 2010−2015.
GOV_EXP	Average general government total expenditure as a percentage of GDP; 200−2015.

Instruction: Run a regression of GDP per capita (PPPPGDPlog) on two variables(GFCF and GOV_EXP) at the country level.

Answer 1

Regression results are as follows