The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
(1) | (2) | |
---|---|---|
Random effectsa | Fixed effectsb | |
Regressors | ||
Inflation, % | − 0.163 (0.033)*** | − 0.260 (0.037)*** |
Capital, log | − 12.196 (0.686)*** | − 8.306 (0.901)*** |
Labor, log | 8.588 (0.830)*** | 17.344 (1.912)*** |
Real GDP, log | 4.787 (1.068)*** | − 9.605 (2.153)*** |
Trade, % | 0.009 (0.005)* | 0.001 (0.007) |
Intercept | 52.351 (8.695)*** | 199.996 (49.658)*** |
Observations | 504 | 504 |
R-squared | 0.518 | 0.830 |
Correlated random-effect test | 78.700 [0.000]*** | |
Redundant cross-section fixed-effect test | 661.889 [0.000]*** | |
Redundant period fixed-effect test | 84.590 [0.000]*** |