The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
Table 4 Estimates of pooled, fixed effect and random effect 2SLS regressions (supply and infrastructure production equation)
From: Structural equation modeling: an application of broadband penetration and GDP growth in Asia
Variables | Pooled regression | Fixed effects | Random effects |
|---|---|---|---|
Investment | |||
Growth | − 0.354 (0.338) | − 0.063 (0.107) | − 0.68 (0.111) |
Tax | 1.186** (0.465) | − 0.336 (0.276) | − 0.23 (0.245) |
Constant | 14.18*** (1.784) | 21.346*** (1.09) | 20.26*** (1.235) |
R2 | 0.305 | 0.095 | 0.081 |
Δ penetration | |||
Investment | 0.023 (0.031) | 0.689* (0.313) | 0.023 (0.031) |
Constant | − 0.112 (0.636) | − 0.217 (0.572) | − 0.155 (0.636) |
R2 | 0.0003 | 0.016 | 0.016 |