The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
From: Trade liberalization and premature deindustrialization in Colombia
Variables | (1) OLS | (2) Koyck |
---|---|---|
Manufacturing/GDP | Manufacturing/GDP | |
AET | 0.241*** (0.0481) | 0.153*** (0.0454) |
ME exports/total exports | − 0.116*** (0.0298) | − 0.0694** (0.0266) |
GDP per capita | 0.00155 (0.000992) | 0.00112 (0.0009) |
International trade/GDP | − 0.167** (0.0823) | − 0.0405 (0.0731) |
FDI/GDP | − 0.302 (0.213) | − 0.0230 (0.186) |
Lagged manuf/GDP (instrumented) | 0.609*** (0.149) | |
LRM AET | 0.3913 | |
LRM ME exports/total exports | − 0.1774 | |
Constant | 20.65*** (3.248) | 5.338 (4.874) |
Observations | 45 | 43 |
R 2 | 0.900 | 0.937 |
Ramsey reset test | 0.1164 | 0.1589 |