Q

40,000

36,000

32,000

28,000

24,000

20,000

16,000

12,000
94 96 98 00 02 04 06 08 10 12 14 16 18 20
T
2.4
2.2
2.0
1.8
1.6
1.4
1.2
1.0
0.8
94 96 98 00 02 04 06 08 10 12 14 16 18 20
 P
2,000

1,600

1,200

800

400

0
94 96 98 00 02 04 06 08 10 12 14 16 18 20
S
1,400

1,200

1,000

800

600

400

200

0
94 96 98 00 02 04 06 08 10 12 14 16 18 20
Dependent Variable: Q
Method: Two-Stage Least Squares
Date: 10/31/21 Time: 22:01
Sample: 1994 2020
Included observations: 27
Instrument specification: S T
Constant added to instrument list

Variable Coefficient Std. Error t-Statistic Prob.

C 32426.50 6691.174 4.846160 0.0001

P 44.48635 34.30576 1.296760 0.2070
S -56.30224 43.30623 -1.300096 0.2059

R-squared 0.020389 Mean dependent var 24024.86

Adjusted R-squared -0.061245 S.D. dependent var 5013.778
S.E. of regression 5165.032 Sum squared resid 6.40E+08
F-statistic 0.845125 Durbin-Watson stat 1.350346
Prob(F-statistic) 0.441891 Second-Stage SSR 6.08E+08
J-statistic 0.000000 Instrument rank 3

Talh(q)=32426.44+44.48*talh(p)-56.30*guril(p)+u

Talhnii vne nemegdehed vildwerleh too hemjee ihseh ba guriliin vne usuh ued vildwerleliin too hemjee
buurna.
Dependent Variable: Q
Method: Two-Stage Least Squares
Date: 10/31/21 Time: 22:12
Sample: 1994 2020
Included observations: 27
Instrument specification: S T
Constant added to instrument list

Variable Coefficient Std. Error t-Statistic Prob.

C 29183.71 4191.386 6.962783 0.0000

P 1.211086 2.526968 0.479264 0.6361
T -3875.307 2884.578 -1.343457 0.1917

R-squared 0.082605 Mean dependent var 24024.86

Adjusted R-squared 0.006155 S.D. dependent var 5013.778
S.E. of regression 4998.324 Sum squared resid 6.00E+08
F-statistic 0.902439 Durbin-Watson stat 0.703885
Prob(F-statistic) 0.418903 Second-Stage SSR 6.08E+08
J-statistic 0.000000 Instrument rank 3

Talh=29183.71+1.21*talh(p)-3875* bvteemj+e

Technology bolon orloh bvteegdehvvnees hamaarahgvi buguud medremjgvi .