Skip to main content

The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)

Table 1 Results for the Colombian case

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
  1. Standard errors in parenthesis
  2. *** p < 0.01; ** p < 0.05; * p < 0.1