The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
Table 2 GMM results: at country, regional and industry levels
Variables | Dependent variable: labour productivity | |||||
|---|---|---|---|---|---|---|
Country level | Regional level | Industry level | ||||
WO-SC | W-SC | WO-SC | W-SC | WO-SC | W-SC | |
(1) | (2) | (3) | (4) | (5) | (6) | |
θ | 0.965 | 0.985 | 0.910 | 0.870 | 0.975 | 0.983 |
t value | (1.90) | (2.39) | (11.30) | (76.19) | (71.16) | (202.42) |
λ | −0.035 | −0.015 | −0.090 | −0.130 | −0.025 | −0.017 |
β | −0.034 | −0.015 | −0.086 | −0.122 | −0.025 | −0.017 |
AR (1 2) | 0.180 | 0.220 | −1.070 | 0.970 | −1.510 | −0.980 |
p value | (0.86) | (0.83) | (0.29) | (0.99) | (0.13) | (0.33) |
Sargan chi2 | 182.330 | 59.850 | 76.590 | 83.140 | 84.430 | 0.490 |
p value | (0.56) | (0.93) | (0.96) | (0.17) | (0.99) | (0.99) |