The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
Industrial | High income | Developing | Full sample - | Full sample - | Full sample | |
---|---|---|---|---|---|---|
Industrial | Africa and Industrial | |||||
GDP | .1631 | − .1152 | .0043 | − .0883 | − .1259 | − .0653 |
(2.27)** | (− 2.19)** | (.07) | (− 1.69)* | (− 1.81)* | (− 1.36) | |
Fiscal balance/GDP | .0111 | .1766 | .3302 | .3394 | .1763 | .3197 |
(.07) | (1.52) | (3.39)*** | (3.59)*** | (1.92)* | (3.68)*** | |
Terms of trade | .0549 | .0244 | .1118 | .0818 | .0576 | .0793 |
(1.72)* | (1.60) | (5.47)*** | (4.73)*** | (2.58)** | (4.85)*** | |
Real effective exchange rate | − .0669 | − .0502 | − .1345 | − .1057 | − .1028 | − .1049 |
(− 1.47) | (− 2.98)*** | (− 4.00)*** | (− 4.26)*** | (− 3.48)*** | (− 4.49)*** | |
Trade openness | − .0410 | − .0085 | − .1789 | − .0921 | − .0584 | − .0884 |
(− .90) | (− .42) | (− 5.00)*** | (− 3.70)*** | (− 2.32)** | (− 3.77)*** | |
Relative income | − 27.9918 | − 18.6167 | − 187.4111 | − 17.9461 | − 16.0701 | − 17.1117 |
(− 2.34)** | (− 2.03)** | (− 2.88)*** | (− 1.15) | (− .82) | (1.68)* | |
Average net crude oil export/GDP | .4006 | .6631 | .6314 | .6580 | .8318 | .6543 |
(1.28) | (3.08)*** | (4.43)*** | (4.61)*** | (3.75)*** | (4.65)*** | |
R-sq | .0913 | .1335 | .3319 | .2720 | .1999 | .2540 |
Number of observations | 285 | 529 | 754 | 997 | 761 | 1282 |