The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
Table 4 Effect of the interaction between total AfT flows (or its components) and the development strategy on structural change in production
Variables | log(SCINAV) | log(SCINAV) | log(SCINAV) | log(SCINAV) |
|---|---|---|---|---|
(1) | (2) | (3) | (4) | |
log(SCINAV)t−1 | 0.226 (0.0257)*** | 0.270 (0.0228)*** | 0.201 (0.0246)*** | 0.269 (0.0250)*** |
TCI | 0.187 (0.0543)*** | 0.136 (0.0335)*** | 0.116 (0.0391)*** | 0.00105 (0.00491) |
log(AfTTOTCST) | 0.0703 (0.0308)** | |||
[TCI] × [log(AfTTOTCST)] | − 0.00963 (0.00282)*** | |||
log(AfTINFRACST) | 0.0784 (0.0174)*** | |||
[TCI] × [log(AfTINFRACST)] | − 0.00744 (0.00180)*** | |||
log(AfTPRODCST) | − 0.0368 (0.0252) | |||
[TCI] × [log(AfTPRODCST)] | − 0.00597 (0.00213)*** | |||
log(AfTPOLCST) | − 0.0436 (0.0168)*** | |||
[TCI] × [log(AfTPOLCST)] | 8.48e−06 (0.000310) | |||
TP | − 0.000652 (0.00337) | − 0.000115 (0.00265) | − 0.00245 (0.00302) | 0.000503 (0.00164) |
EDU | − 0.00921 (0.00114)*** | − 0.00766 (0.00106)*** | − 0.00751 (0.00121)*** | − 0.00650 (0.000895)*** |
FINDEV | 0.00287 (0.00138)** | 0.00122 (0.00129) | 0.00497 (0.00128)*** | 0.00218 (0.000751)*** |
log(GDPC) | 0.0521 (0.0288)* | 0.0725 (0.0252)*** | − 0.0258 (0.0327) | − 0.0384 (0.0348) |
log(POP) | − 0.235 (0.0346)*** | − 0.210 (0.0271)*** | − 0.148 (0.0321)*** | − 0.107 (0.0172)*** |
SHARABLE | 0.00755 (0.00240)*** | 0.00716 (0.00225)*** | 0.00412 (0.00286) | 0.000305 (0.00319) |
INST | − 0.0886 (0.0252)*** | − 0.0960 (0.0315)*** | − 0.0967 (0.0231)*** | − 0.115 (0.0249)*** |
Constant | − 0.922 (0.538)* | − 1.149 (0.413)*** | 0.0581 (0.556) | − 0.371 (0.490) |
Observations–countries | 334–81 | 334–81 | 334–81 | 325–78 |
Number of instruments | 71 | 71 | 71 | 71 |
AR1 (p value) | 0.0000 | 0.0000 | 0.0000 | 0.0000 |
AR2 (p value) | 0.4637 | 0.4709 | 0.5221 | 0.3181 |
AR3 (p value) | 0.5237 | 0.4847 | 0.5240 | 0.4791 |
Sargan (p value) | 0.2548 | 0.3226 | 0.1899 | 0.2996 |