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

Table 3 Total factor productivity of cotton long-run cointegration

From: The impact of technological advancement on total factor productivity of cotton: a comparative analysis between Pakistan and India

Variable

Pakistan

India

Coefficient

Std. error

t-Statistic

Coefficient

Std. error

t-Statistic

AC

0.00 (0.01)*

0

2.96

− 0.05 (0.02)*

0.02

− 2.47

IMPSED

0.01 (0.31)

0.01

1.03

0.004 (0.01)*

0

2.89

FERT

0.0036 (0.03)*

0

− 2.22

− 0.0005 (0.00)**

0

− 4.41

ELEC

− 0.08 (0.08)*

0.04

− 1.83

− 0.004 (0.00)**

0

− 3.21

EDU

0.01 (0.26)

0.01

1.13

− 0.001 (0.06)*

0

− 1.96

IRC

0.26 (0.00)**

0.07

3.85

0.01 (0.87)

0.04

0.17

IRTW

− 0.29 (0.01)*

0.11

− 2.59

0.04 (0.10)

0.02

1.69

LF

− 0.01 (0.00)**

0

− 3.25

1.01 (0.22)

0.81

1.26

TRACT

0.00 (0.01)*

 

2.86

0.00 (0.00)**

0

3.43

C

− 4.03 (0.00)**

1.07

− 3.79

− 4.77 (0.22)

3.85

− 1.24

CointEq(-1)

− 0.98 (0.00)**

0.17

− 5.81

− 0.84 (0.00)**

0.13

− 8.79

  1. Probability value in parenthesis shows level of significance * 10%, ** 5%, and *** 1%. Sources: TFP is calculated by author using self-survey data for both countries. Besides economic survey of Pakistan, agriculture statistics of Pakistan, Indian agriculture statistics at a glance, Indian bureau of labor statistics, FAO data of fertilizer consumption per country, and no of tractors data are taken from World Bank