DOC PREVIEW
UCSB ECON 240a - California Expenditure

This preview shows page 1-2-3-4 out of 11 pages.

Save
View full document
View full document
Premium Document
Do you want full access? Go Premium and unlock all 11 pages.
Access to all documents
Download any document
Ad free experience
View full document
Premium Document
Do you want full access? Go Premium and unlock all 11 pages.
Access to all documents
Download any document
Ad free experience
View full document
Premium Document
Do you want full access? Go Premium and unlock all 11 pages.
Access to all documents
Download any document
Ad free experience
View full document
Premium Document
Do you want full access? Go Premium and unlock all 11 pages.
Access to all documents
Download any document
Ad free experience
Premium Document
Do you want full access? Go Premium and unlock all 11 pages.
Access to all documents
Download any document
Ad free experience

Unformatted text preview:

California Expenditure VS. ImmigrationIntroductionOriginal HypothesisDataImmigration VS ExpenditureRegressionActual, Fitted, Residual GraphResult of RegressionGeneral TrendConclusionArnold: “They keep coming!!”California Expenditure VS. ImmigrationBy: Daniel Jiang, Keith Cochran, Justin Adams, Hung Lam, Steven Carlson, Gregory WiefelFall 2003IntroductionWhat: Economic significance of relationship between California Immigration and California Expenditure Why: Recent California budget crisisHow: Propose hypothesis, gather data and run regression. Evaluate regression to see if H0 is rejected.Original HypothesisH0: (m = 0); No relationship between Immigration and Expenditure.H1: (m  0); Correlation exists: Expenditure dependent on level of Immigration.DataPopulation, Expenditure VS Year2000520001020001520002020002520003020001980 1985 1990 1995 2000 2005ExpenditurePopulationImmigration VS ExpenditureImmigration VS Expenditurey = 0.2363x + 814.96R2 = 0.37332000030000400005000060000700008000090000100000 150000 200000 250000 300000 350000ImmigrationExpenditureRegressionDependent Variable: CAEXPENDITURESMethod: Least SquaresSample: 1 19Included observations: 19Variable Coefficient Std. Error t-Statistic Prob. CAIMMIGRATION 0.236312 0.074262 3.182128 0.0055C 814.9557 14972.46 0.054430 0.9572R-squared 0.373294 Mean dependent var 47463.47Adjusted R-squared 0.336429 S.D. dependent var 16294.13S.E. of regression 13273.18 Akaike info criterion 21.92418Sum squared resid 3.00E+09 Schwarz criterion 22.02359Log likelihood -206.2797 F-statistic 10.12594Durbin-Watson stat 0.388539 Prob(F-statistic) 0.005453Actual, Fitted, Residual Graph-30000-20000-100000100002000030000200004000060000800002 4 6 8 10 12 14 16 18Residual Actual FittedResult of RegressionR2: Significant ratio between Explained and Unexplained. (~37%)F-stat: Significant F-stat value of 10.125T-stat: Value indicates that regression was significant (3.182)Residual: Show signs of autocorrelation; when it is positive it tends to stay positive, and when it is negative it also tends to stay negativeGeneral TrendPositive slope indicates that an increase in immigration would result in an increase in expenditure.20000400006000080000100000 150000 200000 250000 300000CAIMMIGRATIONCAEXPENDITURESConclusionResult of the regression helps support the alternative hypothesis – there is a significant correlation between California Immigration & Expenditure.This confirms our initial hypothesis that there is a positive relationship between California Immigration & Expenditure.Arnold: “They keep coming!!”Currently, $3 billion spent annually on the 2.5 million illegal immigrants residing in California Only $220 million received from federal government to offset these costsThis analysis supports Arnold’s policy to curb illegal


View Full Document

UCSB ECON 240a - California Expenditure

Documents in this Course
Final

Final

8 pages

power_16

power_16

64 pages

final

final

8 pages

power_16

power_16

64 pages

Power One

Power One

63 pages

midterm

midterm

6 pages

power_16

power_16

39 pages

Lab #9

Lab #9

7 pages

Power 5

Power 5

59 pages

Final

Final

13 pages

Final

Final

11 pages

Midterm

Midterm

8 pages

Movies

Movies

28 pages

power_12

power_12

53 pages

midterm

midterm

4 pages

-problems

-problems

36 pages

lecture_7

lecture_7

10 pages

final

final

5 pages

power_4

power_4

44 pages

power_15

power_15

52 pages

group_5

group_5

21 pages

power_13

power_13

31 pages

power_11

power_11

44 pages

lecture_6

lecture_6

12 pages

power_11

power_11

42 pages

lecture_8

lecture_8

11 pages

midterm

midterm

9 pages

power_17

power_17

13 pages

power_14

power_14

55 pages

Final

Final

13 pages

Power One

Power One

53 pages

Summary

Summary

54 pages

Midterm

Midterm

6 pages

Lab #7

Lab #7

5 pages

powe 14

powe 14

32 pages

Lab #7

Lab #7

5 pages

Midterm

Midterm

8 pages

Power 17

Power 17

13 pages

Midterm

Midterm

6 pages

Lab Five

Lab Five

30 pages

power_16

power_16

64 pages

power_15

power_15

52 pages

Power One

Power One

64 pages

Final

Final

14 pages

Load more
Download California Expenditure
Our administrator received your request to download this document. We will send you the file to your email shortly.
Loading Unlocking...
Login

Join to view California Expenditure and access 3M+ class-specific study document.

or
We will never post anything without your permission.
Don't have an account?
Sign Up

Join to view California Expenditure 2 2 and access 3M+ class-specific study document.

or

By creating an account you agree to our Privacy Policy and Terms Of Use

Already a member?