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Hi, need to submit a 1750 words essay on the topic Estimating a Multiple Regression Model (The impact of Consumption and Investment on the GDP in Qatar (1990- 2013)).Considering the topic selected the
Hi, need to submit a 1750 words essay on the topic Estimating a Multiple Regression Model (The impact of Consumption and Investment on the GDP in Qatar (1990- 2013)).
Considering the topic selected the impacts that consumption and investment have on the GDP covers a wide range of economic aspects. These range from all activities that involve investing and all those that relate to consumption. The consumption aspect consolidates all consumption needs that range from consumption of oil products and other products. Understanding these and the employment of graphs will help one understand the impacts that each has had on the growth of the country for the years under consideration that is 1990 to 2013. The study covers these and details the description of the data, development of estimates, the discussion of the results and a conclusion that aims at creating a summary of the study and indicating the different achievements over the study conducted.
Considering the data identified, one learns that the consumption is reflected as the expenditure. It covers both the government expenditures and the expenditures of the different households. Combining the two results to the expenditure for the economy, which is analyzed in the work below? Understanding this helps in understanding the impact that the expenditure aspect had on the GDP for the different years under consideration. In the data collected, the consumption is provided in the percentage terms and in billions of Qatar’s local currency. These provided are as obtained from an online source on Qatar economic statistics and indicators. The data collected on the different investment aspects also provides information with regard to the investment opportunities for the country and their impacts to the economic performance of Qatar.
Understanding this helps one understand the actual performance of the economy with the investments that the country engages in accounted for the GDP. The data collected on the GDP is also obtained from the same website and