The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
Table 5 3SLS GMM, 3SLS regression and MLE method (production and demand equations)
From: Structural equation modeling: an application of broadband penetration and GDP growth in Asia
Variables | 3SLS Coefficients and standard error | 3SLS GMM Coefficients and standard error | MLE Coefficients and standard error |
|---|---|---|---|
GDP | |||
Broadband penetration | 0.458*** (0.059) | 0.458*** (0.056) | 0.115*** (0.022) |
Education | 0.669*** (0.114) | 0.669*** (0.085) | 0.673*** (0.097) |
Labor force | 0.148 (0.131) | 0.148* (0.09) | − 0.045 (0.099) |
FDI | 0.172*** (0.062) | 0.172*** (0.055) | 0.356*** (0.039) |
Constant | 9.287*** (0.698) | 9.287*** (0.556) | 8.548*** (0.385) |
Penetration | |||
GDPC | 1.373*** (0.128) | 1.373*** (0.112) | 0.766*** (0.173) |
Urbanization | 0.034 (0.137) | 0.034 (0.106) | 0.122 (0.218) |
Education | 0.014 (0.159) | 0.014 (0.125) | 0.012 (0.024) |
Mobile subscriptions | 0.574*** (0.151) | 0.574*** (0.135) | 1.41*** (0.115) |
Constant | − 14.07*** (1.493) | − 14.07*** (1.383) | − 14.019*** (1.37) |