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Wilsdcats Activities 2002

Letter of Transmittal
June 1, 2002
Dr.Bangorn Tubtimtong
Assistant Professor,
Masters in International Economics and Finance
Faculty of Economics,
Chulalongkorn University,
Phayathai Road, Bangkok, Thailand

Subject: Letter of Transmittal.

Dear Madam,

Here is my paper on "A relation between the number of wilsdcats drilled and
three key factors: price at the wellhead, domestic output and GNP constant
dollars.” that I was assigned. It was a great opportunity for me to acquire
practical knowledge of the Quantitative Methods in Economic Analysis and
forecasting

I have concentrated my best effort to achieve the objectives of the report


and hope that my endeavor will serve the purpose.

I believe that the knowledge and experience I have gathered during my


paper preparation will immensely help me in my professional life. I will be
obliged if you kindly approve this effort.

Sincerely yours

Sk. Ashiquer Rahman


Id#4585974929

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Wilsdcats Activities 2002

Masters in International Economics and Finance


Bangkok, Thailand

Preface

Any institutional education would not be completed if it were confined within


theoretical aspects. Every branch of education has become more competed
by their practical application and accomplishment of full knowledge. We shall
be benefited by our education if we can effectively apply the institutional
education in practical fields. Hence, we all need practical education to apply
theoretical knowledge in real world. By considering this importance “faculty
of economics” arranges the Quantitative Methods in Economic Analysis
courses for the students of Masters in International Economics and Finance.
As a part of this program my topic was selected as “A relation between the
number of wilsdcats drilled and three key factors: price at the wellhead,
domestic output and GNP constant dollars.”)”

I tried my best to conduct an effective study by arrange and analysis data.


There may be some mistakes, which are truly unintentional. So, I would
request to look at the matter with merciful mind.

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Wilsdcats Activities 2002

Sk. Ashiquer Rahman


Id#4585974929
Chulalongkorn University
Masters in International Economics and Finance
Bangkok, Thailand

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Wilsdcats Activities 2002

Acknowledgement

First, all praises go to almighty Allah, the most gracious, the most merciful to
give me the ability for all these I have done.

Then I would like to thank Ms. Wanwadee Wongmongkol. Now I would like to
thank Dr.Bangorn Tubtimtong Assistant Professor, Chulalongkorn University,
Phayathai Road, Bangkok,Thailand to give me the opportunity to do this
project.

I would also like to thank Professor. Paitoon Wiboonchutikula, Ph.D ,Associate


professor and Chairperson of Faculty of Economics, Chulalongkorn University
& Professor Salinee. Secretatery international economics and finance. My
striking thanks go to honorable sir Dr. MN.Sirker who has helped me in all
aspect to prepare the report.

I would like to thank lab incharge Ms. Mink . Last but not the least I
wish to thank my friends, William Lloyed ,Nakarin and Athipat, for their
very helpful discussions.

Sk. Ashiquer Rahman


Id#4585974929
Chulalongkorn University

ii
Wilsdcats Activities 2002

Masters in International Economics and Finance


Bangkok, Thailand

Table of Content

Title Page

Letter of Transmittal ii

Preface iii
Acknowledgement iv
Table Of Content v
Statement Of The Problem 1-1
Literature Review 1-1
Formulation Of General Model 1-2
Data Sources &Description 2-5
Model Estimation And Hypothesis Testing 6-10
Interpretation Of The Results And 11-11
Conclusions
Limitations Of The Study And Possible 11-12
Extensions
References 11-12

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Wilsdcats Activities 2002

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