The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
Table 1 Effect of AfT flows and development strategy on structural change in production
Variables | POLS-DK | FE-DK | RE | FGLS with panel-specific AR(1) |
|---|---|---|---|---|
log(SCINAV) | log(SCINAV) | log(SCINAV) | log(SCINAV) | |
(1) | (2) | (3) | (4) | |
TCI | − 0.00117 (0.000502)** | − 0.00458 (0.00137)*** | − 0.00118 (0.000996) | − 0.000865 (0.000413)** |
log(AfTTOTCST) | − 0.0153 (0.0134) | − 0.000102 (0.0171) | 0.00214 (0.0282) | − 0.00770 (0.00724) |
TP | − 0.000866 (0.00193) | 0.000633 (0.00126) | 0.000240 (0.00317) | 0.000217 (0.00142) |
EDU | − 0.00674 (0.00191)*** | − 0.00332 (0.00122)*** | − 0.00445 (0.00193)** | − 0.00603 (0.000487)*** |
log(GDPC) | 0.0477 (0.0279)* | − 0.372 (0.0456)*** | 0.0267 (0.0541) | 0.0677 (0.0126)*** |
FINDEV | − 0.000353 (0.000882) | 0.00186 (0.00132) | 0.000645 (0.00126) | 0.000466 (0.000709) |
log(POP) | − 0.175 (0.0139)*** | − 0.216 (0.278) | − 0.172 (0.0289)*** | − 0.195 (0.00760)*** |
SHARABLE | 0.00385 (0.000416)*** | 0.0174 (0.00770)** | 0.00209 (0.00365) | 0.00520 (0.00121)*** |
INST | − 0.171 (0.00583)*** | − 0.101 (0.0615) | − 0.164 (0.0463)*** | − 0.192 (0.0144)*** |
Constant | − 0.948 (0.272)*** | 2.221 (4.776) | − 1.348 (0.762)* | − 1.074 (0.235)*** |
Observations–countries | 388–81 | 388–81 | 388–81 | 382–75 |
R-squared | 0.309 | |||
Within R-squared | 0.0724 | 0.1075 | ||
Between R-squared | 0.4077 | |||
Overall R-squared | 0.3172 |