Suppose that we collected annual data to identify factors determining technological innovation of firms (Data Obtained)
a. Technological Innovation (number of new patents) of firms
b. No of employees / c. R&D expenditures /d. Appropriability /e. No of technological alliances with another firms. We want to check if
1) there is inverted U shape relation between the no of alliances and the technological innovation
2) the impact of the R&D expenditure on the technological innovation are different by appropriability level of firms
Explain how to specify the equation for estimation.
In: Economics
In: Economics
Use the data in the following table for the next seven questions. Note that "%∆" is shorthand for "percentage change." If the answer is a percentage, please just enter the number. Thus, say an answer of yours is 3.5%, then below you would enter "3.5" (without the quotes) in the box below. Be careful not to include the percent symbol. Also, please use just one decimal place.
| year | real GDP (trillions) | nominal GDP (trillions) | CPI | %∆CPI from the previous year | nominal price of 1 apple | mortgage interest rate |
| 1990 | $14.80 | $12.10 | 130 | 4.0% | $0.50 | 8% |
| 2000 | $16.60 | $16.40 | 205 | 1.5% | $0.60 | 5% |
| 2010 | $18.20 | $19.75 | 230 | 2.0% | $0.75 | 6% |
| 2019 | $20.00 | $22.00 | 250 | 3.5% | $0.95 | 7% |
| 2020 | $20.40 | $22.85 | 260 | 4.0% | $1.00 | 6% |
Q1: Is the rate of inflation for consumers from 2019 to 2020 correct? Yes or NO
What was the rate of economic growth from 2019 to 2020? (As in the directions above, just enter the percent number, such as 3.5 for 3.5%).
What was the inflation rate for the entire economy from 2019 to 2020?
Q2: What was the real interest rate for a consumer purchasing a house in 2020? They'll be taking out a home loan, often called a mortgage.
Please convert the nominal price for an apple from 1990 to the prices of 2020. Assume that a consumer purchases it.
What was the percentage change in the real price of apples from 2019 to 2020 for consumers?
Deflate the nominal price of apples from 2020 for consumers (that is, convert the 2020 nominal price to the base year of the CPI). Please use two decimal place for this answer.
In: Economics
What impact do collective bargaining and unions and health care have on you as a health care professional Christian work what is the impact for the patient?
In: Nursing
What are unions? Explain why employees join Unions. Explain what collective bargaining is. Lastly, what some critical issues for unions today?
In: Operations Management
Many years ago, Detroit had a six-month newspaper strike that closed down all its newspapers. During the strike, Detroit’s suicide rate fell very sharply (that is, there were far fewer suicides), but returned to its usual rate when the papers resumed publishing. Do the following: (a) Make up a theoretical model that would account for this observation and (b) generate a total of two interesting hypotheses from the model that could potentially be tested.
In: Math
In: Statistics and Probability
#2) Running Regression
Here’s a small dataset:
|
Year |
Price of Bread |
|
1940 |
$0.10 |
|
1950 |
$0.12 |
|
1960 |
$0.23 |
|
1970 |
$0.25 |
|
1980 |
$0.50 |
|
1990 |
$0.75 |
|
2000 |
$1.99 |
|
2010 |
$2.99 |
a) Using Linear Regression on a TI or Excel, find the coefficients for:
price=a+b*year
b) What are your r and r-squared values? What does this tell you?
c) What does the t-stat for your b value above tell you about the model?
d) Predict the price in 2020.
In: Statistics and Probability
Percy Footwear acquired all the voting stock of Simali Inc. at the beginning of 2016. The acquisition cost was $400,000, and Simali’s book value at that time consisted of $25,000 in capital stock and $75,000 in retained earnings. Revaluation information for Simali’s identifiable net assets is as follows:
It is now the end of 2020 (five years after the acquisition). Simali’s retained earnings at the beginning of 2020 is $125,000, and it reports net income of $45,000 for 2020. It declares no dividends. Percy uses the complete equity method to report its investment in Simali on its own books. Simali sells merchandise to Percy on a regular basis, at a markup of 20 percent on cost. Total sales made to Percy in 2020 were $200,000. Percy’s beginning inventory balance has $12,000 in merchandise purchased from Simali. Percy’s ending inventory balance has $18,000 in merchandise purchased from Simali.
Required
a. Calculate equity in net income for 2020, reported on Percy’s books.
b. Calculate the December 31, 2020 balance for investment in Simali, reported on Percy’s books.
c. Calculate the original balance for goodwill, reported for this acquisition.
In: Finance
In: Operations Management