The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
From: Does innovative capacity affect the deindustrialization process? A panel data analysis
Regressors | Model 1 | Model 2 | Model 3 | Model 4 | Model 5 | Model 6 | Model 7 | Model 8 | Model 9 | Model 10 |
---|---|---|---|---|---|---|---|---|---|---|
BASELINE | R&D | RESEARCHERS | TECHNICIANS | ARTICLE | PATENTS | TRADEMARK | INCENG | INDOUT | INES | |
LN OUTSHARE(-1) | 0.855405*** | 0.624268*** | 0.770473*** | 0.626377*** | 0.469256*** | 0.565939*** | 0.701665*** | 0.604291*** | 0.585251*** | 0.610188*** |
(0.008559) | (0.017541) | (0.026241) | (0.038554) | (0.078385) | (0.025998) | (0.019422) | (0.039854) | (0.044090) | (0.012790) | |
LN Y | 0.290860*** | 1.150675*** | 1.450406** | 0.681888** | 3.126427* | 0.728305*** | 0.297857* | 1.787952*** | 0.974405*** | 0.752495*** |
(0.042533) | (0.238470) | (0.670192) | (0.325015) | − 1,619,443 | (0.138941) | (0.164530) | (0.582881) | (0.326356) | (0.189320) | |
(LN Y)2 | − 0.019428*** | − 0.069696*** | − 0.092534** | − 0.045808*** | − 0.175123* | − 0.051235*** | − 0.024000*** | − 0.096139*** | − 0.063117*** | − 0.044139*** |
(0.002538) | (0.013202) | (0.035809) | (0.016596) | (0.089952) | (0.007930) | (0.009081) | (0.031806) | (0.018059) | (0.010725) | |
LN RELPRICE | 0.151979*** | 0.141222*** | 0.077309 | 0.191591*** | 1.031461*** | 0.112148*** | 0.117706*** | 0.292029*** | 0.211497*** | 0.507475*** |
(0.011588) | (0.015451) | (0.054712) | (0.067241) | (0.287530) | (0.022550) | (0.036492) | (0.111148) | (0.065909) | (0.016915) | |
FIXCAP | 0.001440*** | 0.003483*** | 0.005214*** | 0.006046*** | 0.009748** | 0.004217** | 0.001884*** | 0.007024*** | 0.004898*** | 0.005720*** |
(0.000399) | (0.001025) | (0.001870) | (0.001984) | (0.004776) | (0.001750) | (0.000608) | (0.002314) | (0.001796) | (0.000940) | |
TRADEBAL | 0.002210*** | 0.001184* | 0.003955*** | 0.010270*** | 0.006753** | 0.004840*** | 0.001537*** | 0.007305*** | 0.005780*** | 0.003643*** |
(0.000320) | (0.000620) | (0.000951) | (0.001580) | (0.003324) | (0.000961) | (0.000526) | (0.001484) | (0.000960) | (0.000412) | |
RIR | − 0.001655*** | − 0.004519*** | − 0.010197*** | − 0.003794*** | − 0.011288*** | − 0.004269*** | − 0.001881*** | − 0.002621*** | − 0.007023*** | − 0.002751*** |
(0.000244) | (0.000666) | (0.001234) | (0.001142) | (0.002708) | (0.000551) | (0.000352) | (0.000859) | (0.000976) | (0.000185) | |
RER | 0.000756*** | 0.000701*** | 0.002102*** | 0.001135** | 0.001493** | 0.001016*** | 0.000615*** | 0.001434*** | 0.001148** | 0.000465** |
(0.000101) | (0.000130) | (0.000369) | (0.000528) | (0.000646) | (0.000194) | (0.000158) | (0.000318) | (0.000558) | (0.000182) | |
INNOVATION | 0.055828*** | 2.92E−05*** | 9.61E−05*** | 7.51E−07** | 9.16E−08*** | 2.87E−08*** | 0.008698*** | 0.024898*** | 0.001277*** | |
(0.007367) | (1.11E−05) | (2.28E−05) | (3.38E−07) | (1.08E−08) | (7.67E−09) | (0.001639) | (0.008555) | (0.000230) | ||
Obs | 990 | 495 | 452 | 294 | 575 | 696 | 732 | 397 | 459 | 644 |
Countries | 78 | 53 | 47 | 42 | 67 | 63 | 66 | 52 | 50 | 67 |
Number instruments/number cross-section ratio | 0.859 | 0.849 | 0.83 | 0.881 | 0.448 | 0.778 | 0.742 | 0.827 | 0.84 | 0.851 |
Prob J | 0.264783 | 0.166808 | 0.408991 | 0.226811 | 0.641532 | 0.296433 | 0.185479 | 0.354973 | 0.321484 | 0.387103 |
AR(1) | − 0.508060 | − 0.457165 | − 0.455419 | − 0.481332 | − 0.357658 | − 0.446859 | − 0.445705 | − 0.439178 | − 0.459184 | − 0.423271 |
P-value | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 |
AR(2) | 0.056039 | − 0.038469 | − 0.013386 | 0.009455 | 0.025117 | 0.012329 | 0.027153 | 0.027043 | − 0.031441 | − 0.015865 |
P-value | 0.1315 | 0.3561 | 0.7944 | 0.9029 | 0.6008 | 0.7538 | 0.4486 | 0.6068 | 0.5550 | 0.7023 |