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

Table 9 Long-run estimates with FMOLS

From: Causal effect of mergers and acquisitions on EU bank productivity

 

lnk1

lnk2

lnL

A0

A1

A2

A3

A

lnQ

0.272 (0.093)*

0.774 (0.000)***

0.187 (0.321)

0.074 (0.761)

lnQ

0.853 (0.000)***

0.070 (0.398)

1.004 (0.000)***

− 0.191 (0.039)**

lnQ

− 0.250 (0.135)

1.100 (0.000)***

0.470 (0.014)**

− 1.296 (0.013)**

lnQ

0.049 (0.236)

0.164 (0.000)***

0.443 (0.000)***

0.326 (0.000)***

lnQ

0.400 (0.000)***

0.590 (0.000)***

0.305 (0.000)***

0.056 (0.033)**

  1. ***, **, and * Significance at the 1, 5, and 10% levels, respectively