Consider the Following Panel Data Regression with a Single Explanatory

question 23

Essay

Consider the following panel data regression with a single explanatory variable
Yit = β0 + β1Xit + uit.
In each of the examples below,you will be adding entity and time fixed effects.Indicate the total number of coefficients that need to be estimated.
(a)The effect of beer taxes on the fatality rate,annual data,1982-1988,nine U.S.regions (New England,Pacific,Mid-Atlantic,East North Central,etc. ).
(b)The effect of the minimum wage on teenage employment,annual data,1963-2000,five Canadian Regions (Atlantic Provinces,Quebec,Ontario,Prairies,British Columbia).
(c)The effect of savings rates on per capita income,data for three decades (1960-1969,1970-1979,1980-1989;one observation per decade),104 countries of the world.
(d)The effect of pitching quality in baseball (as measured by the Team ERA)on the winning percentage,annual data,1998-1999 season,1999-2000 season,30 teams.

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Definitions:

Neo-Freudians

Psychologists who were influenced by Sigmund Freud's theories but developed their own distinct psychological theories and ideologies, often emphasizing social and cultural factors over biological bases of personality.

Freud's Theory

A set of psychoanalytic theories developed by Sigmund Freud that emphasize the roles of unconscious motivations, childhood experiences, and sexual and aggressive drives in shaping personality.

Self-actualizers

Individuals who have realized and fulfilled their potential, achieving self-fulfillment and peak experiences as described by Maslow.

External Authority

The influence or control exerted by an outside force or body, often seen in organizational or societal structures.