Question

I need to conduct a regression and correlation analysis. Where can I find yearly data for any economic or business variable, for a period of at least 20 years? Suggestions?

Answer 1

For regression and correlation analysis, you will need at least 2 variables of which one should be the dependent variable and others will be the independent variables. One such economic scenario where we can use this is in the context of the economy of a country. For example, if you are a citizen of US (or any country), you can do a regression and correlation analysis between the GDP of the country and other factors which effect the GDP such as inflation, unemployment, population, per capita income, FDI, Exports and Imports etc. All this data is available in the World Bank website. Just type World Bank Databank in google and it will redirect you to the website.