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This document outlines an assignment focused on comparing Pooled Ordinary Least Squares (POLS), Fixed Effects (FE), and Random Effects (RE) models using panel data to analyze the relationship between economic variables and GDP. It utilizes data from the Penn World Table for selected OECD countries from 1990 to 2019, emphasizing the importance of controlling for unobserved heterogeneity in econometric analysis. The assignment includes data preparation, descriptive statistics, and a proposed linear regression

Author

Mrinmoy Banik

Language

EN