The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
Table 4 Balassa–Samuelson effect.
Speed of adjustment | ||
|---|---|---|
ECT | − 0.227*** | (0.008) |
Longrun | ||
lnGDPPC | − 0.199*** | (0.053) |
Shortrun | ||
D.lnGDPPC | − 0.382** | (0.170) |
Constant | 0.527*** | (0.034) |
Observations | 104 | |