MSc ECONOMETRICS ASSIGNMENT 3 questions in 10 pages

The objective of this assignment is to estimate some alternative models of employment using data on 40 industries in the UK. The assessment will be based on ability to analyse econometric results and carry out tests. All the estimation can be carried out using EViews. The Data Set The data file is a panel of observations on three variables for forty industrial sectors of the UK economy, a total of one hundred and twenty variables in all. Variable: LEHi logarithm of man-hours employed in sector i LYi logarithm of output of sector i LWi logarithm of real wage rate in sector i (index) Sector: 1 Agriculture 22 Instrument Engineering 2 Mining 23 Manufactured Food 3 Coke 24 Alcoholic Drinks 5 Petroleum products 25 Tobacco 6 Electricity 26 Textiles 7 Gas 27 Clothing and Footwear 8 Water 28 Timber and Furniture 9 Minerals 29 Paper and Board 10 Iron and Steel 30 Books 11 Non-ferrous metals 31 Rubber and Plastic 12 Mineral products 32 Other Manufactures 13 Chemicals 33 Construction 14 Metal goods 34 Distribution 15 Mechanical Engineering 35 Hotels and Catering 16 Office Machinery 36 Rail Transport 17 Electrical Engineering 37 Other Land Transport 18 Motor vehicles 38 Sea Air and Other 19 Aerospace 39 Communications 20 Ships 40 Business Services 21 Other vehicles 41 Miscellaneous Services Total 3 questions in 10 pages to write PM TO COLLECT