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

Table 6 3SLS, 3SLS GMM and MLE method (supply and infrastructure production equation)

From: Structural equation modeling: an application of broadband penetration and GDP growth in Asia

Variables

3SLS

Coefficients and standard errors

3SLS

GMM coefficients and standard errors

MLE

Coefficients and standard errors

Investment

 Growth

− 0.279

(0.317)

− 0.279

(0.263)

− 0.344

(0.351)

 Tax

0.924**

(0.456)

0.924*

(0.521)

2.117***

(0.47)

 Constant

15.002***

(1.665)

15.002***

(2.09)

11.73

(1.731)

Δ penetration

 Investment

0.065**

(0.032)

0.065**

(0.024)

− 0.039

(0.029)

 Constant

− 0.065

(0.032)

− 0.98*

(0.47)

1.249

(0.587)

  1. All variables are in log form
  2. ***1% significance level; **5% significance level; *10% significance level. Standard errors are in brackets