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

Table 4 Immigration and labor productivity in Thailand, 2003–2015

From: Impact of international labor migration on regional economic growth in Thailand

Dependent variable: labor productivity
 Pooled OLSRandom effectsFixed effects
NCRCRNCRCRNCRCR
ln(K/L)0.7345
[0.0090]***
0.7458
[0.0086]***
0.7641
[0.0246]***
0.8054
[0.0227]***
0.9301
[0.0516]***
0.8596
[0.0482]***
ln(N/L)− 1.1097
[0.2711]***
0.1520
[0.0046]***
− 0.4058
[0.1184]***
0.1065
[0.0105]***
− 0.5405
[0.1621]**
0.0521
[0.0422]
ln(MH/L)0.0928
[0.0065]***
0.0901
[0.0064]***
0.0923
[0.0155]***
0.0854
[0.0154]***
0.0808
[0.0127]***
0.0873
[0.0126]***
ln(ML/L)− 0.0045
[0.0047]
0.0122
[0.0028]***
0.0004
[0.0016]***
0.0027
[0.0015]*
− 0.0041
[0.0033]
0.0011
[0.0030]
Constant4.9198
[0.1261]***
4.9036
[0.1261]***
4.6501
[0.3349]***
4.2304
[0.3207]***
2.8063
[0.5959]***
3.6302
[0.5548]***
R-squared0.99730.99730.94850.94850.95420.9542
Observations919191919191
Regions777777
Breusch–Pagan LM testaχ2 (1) = 117.4***
Hausman testbχ2 (4) = 34.57***
  1. NCR and CR indicate non-constraint and constraint regression model, respectively
  2. Robust standard errors are in parentheses
  3. *, **, *** indicate significant at 10%, 5%, and 1% level of significance, respectively
  4. aRandom effects versus pooled-OLS estimations test
  5. bFixed versus random effects model test