{
  "docId": "019dd923-5de0-76bd-a16a-cddb71382494",
  "docSlug": "a643372cf4f79fb4",
  "documentTitle": "The Metaverse in Asia Strategies for Accelerating Economic Impact",
  "authorId": "Deloitte",
  "authorName": "Analysis Group",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "strategy_consulting",
  "sourceTypeLabel": "Strategy consulting",
  "presentationDate": null,
  "orientation": "portrait",
  "aspectRatio": 0.773,
  "pageNumber": 38,
  "pageCount": 47,
  "prevPage": 37,
  "nextPage": 39,
  "slideType": "appendix_methodology",
  "function": "diagnose",
  "density": "balanced",
  "nDataPoints": 0,
  "notes": "This is a text-heavy methodology slide describing statistical validation steps for a regression model.",
  "elementsJson": [
    "paragraph"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5de0-76bd-a16a-cddb71382494/38",
  "deckHref": "/decks/019dd923-5de0-76bd-a16a-cddb71382494",
  "deckJsonHref": "/decks/019dd923-5de0-76bd-a16a-cddb71382494.json",
  "deckAnchorHref": "/decks/019dd923-5de0-76bd-a16a-cddb71382494#slide-38",
  "components": [
    {
      "bbox": {
        "h": 0.15,
        "w": 0.8,
        "x": 0.105,
        "y": 0.27
      },
      "kind": "paragraph",
      "text": "Figure 14 reports the results of these robustness checks. Column (1) repeats the baseline model results from column (3) of Figure 13 for reference. Column (2) reports results that instrument log GDP per capita with only its second lags instead of both second and third lags, which reduces the number of instruments to 52. The coefficient on mobile broadband adoption is similar to the baseline case, but the Hansen test p-value is only 0.0301, which indicates that the model may be mis-specified without the third lags of GDP per capita as instruments. Column (3) reports results for a specification in which mobile broadband adoption, fixed broadband adoption, and patent application are instrumented with their third lags instead of second lags. The coefficient on mobile broadband adoption is smaller in magnitude and not statistically significant in this specification.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "36ca8f1f-78a7-4e6a-907f-2a098752ee63",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.8,
        "x": 0.105,
        "y": 0.205
      },
      "kind": "paragraph",
      "text": "To check that the lags we have chosen form an appropriate set of instruments, we ran two alternative specifications with different lags as instruments. If the Hansen test returns a p-value less than 0.05, then the alternative specification does not have valid instruments.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a2e86015-03ae-41d0-87b3-a58b95d7096a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.12,
        "x": 0.135,
        "y": 0.18
      },
      "kind": "title",
      "text": "E. Robustness",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "821c95ed-78c4-4d84-a322-1b16413470cd",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [
    {
      "name": "diagnostic-test",
      "slug": null,
      "matchId": "ca648c43-95f1-40b7-a1a8-3ab6841eccf9",
      "evidence": "The slide describes the use of the Hansen test to validate instruments in an econometric model.",
      "confidence": 0.9
    }
  ],
  "arcBeats": [
    {
      "to": 40,
      "from": 7,
      "beatId": "791a2551-4c70-4280-8410-01737ecfe8c5",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Evidence & Proof",
      "beatSlug": "consultants-gambit-evidence-proof",
      "evidence": "Presents data and analysis to support the economic impact assessment",
      "position": 1,
      "confidence": 0.8,
      "parentBeatName": "Evidence",
      "parentBeatSlug": "evidence"
    }
  ],
  "loops": [
    {
      "to": 40,
      "from": 4,
      "name": "Logic Chain",
      "slug": "01-logic-chain",
      "bestFor": "Skeptical audiences, controversial recommendations, rigorous analysis",
      "matchId": "97edc92a-4a3a-41ad-9ca6-d80a82c04f9b",
      "evidence": "The document presents a logical chain of analysis and evidence",
      "position": 0,
      "objective": "Understand the metaverse's economic impact",
      "structure": "Premise 1 (Accepted truth) -> Premise 2 (Observed fact) -> Therefore... (Inevitable conclusion)",
      "confidence": 0.8,
      "description": "Build an airtight chain of logic where each premise leads inevitably to the conclusion"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}