An empirical project – Impact of venture capital on financial market development”
Describe the source(s) of the data and how each variable is measured.
Discuss the estimation strategy you adopt, the potential econometric issues that may be relevant and how you plan to deal with them. Also discuss any estimator, tests and approaches you intend to apply to support your arguments in your analysis.
Properly present the econometric estimates and evaluate the model performance in terms of goodness of fit and diagnostic tests.
Interpret the estimated coefficients, and describe whether they correspond to your expectations in light of the literature/theories
Discuss the results of other specification tests, hypothesis tests, robustness analysis (if you have conducted any) and report your findings.
Does the estimated equation support the theory on which it is based or the rationale in your mind? What explains any discrepancy between theory and empirics?
How do the results compare with existing findings? What new insights your results have added?
