Discuss The relationship between economic Growth and Government expenditure in Barbados

(Nb: this is an undergraduate course, Econometrics I ) Econometrics Empirical Project Software requirement: EVIEWSDue Nov 20, 11:59PMPage requirement: 7+Attached are the full project detailsPLEASE READ THE ATTACHMENT Empirical project on an Economics topic of your choosing (Example The relationship between economic Growth and Government expenditure in Barbados) . The country selected MUST BE FROM THE CARIBBEAN.   Outline:      Statement of the problem: describe the problem you have studied,                             the questions you have asked, and the broad hypothesis                             you have tested.     Review of Literature: summarize the relevant literature.     Formulation of  a general model: describe the initial model you formulated and                             point out the difference between your model and those reviewed                             in the RL.    Data Sources and Description: Present a table of variable names and their                             definitions. Specify the source of data and attach a copy of raw                             data.    Model Estimation and Hypothesis Testing. Present the regression results in tables                             with relevant statistics.    Interpretation of the Results and Conclusion.  Present some concluding remarks                             regarding the study and put it in perspective with other studies. Include tables     Limitation of the Study and Possible Extension. Recognize the limitations of the                             study. Limitations might be due to inadequate data, lack of                            appropriate  software package, etc.     Acknowledgments      References