Econometric

Econometric Order Description Essay statement In a popular paper published in 1992 by the Quarterly Journal of Economics (QJE), Gregory Mankiw, David Romer and David Weil (MRW) conclude that: "international differences in income per capita are best understood using an [economic] growth model [where] output is produced from physical capital, human capital, and labor, and is used for investment in physical capital, investment in human capital, and consumption." (Mankiw et al. 1992 , p. 432) Using the Eviews/GRETL dataset attached, carefully explain the empirical evidence MRW provide in support in of their thesis. In the light of this econometric analysis, do you share the authors’ conclusion above ? Answer in about 1500 words (all included). References [MRW] Mankiw, N.G., Romer, D., Weil, D.N., (1992). A Contribution to the Empirics of Economic Growth. The Quarterly Journal of Economics 107, 407–437. doi:10.2307/2118477 <Available at: https://qje.oxfordjournals.org/content/107/2/407.abstract > PLACE THIS ORDER OR A SIMILAR ORDER WITH US TODAY AND GET AN AMAZING DISCOUNT :)