The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
Table 4 Cross-section dependence (CD) tests
Variables | Breusch-Pagan LM | Pesaran scaled LM | Bias-corrected scaled LM | Pesaran CD |
|---|---|---|---|---|
GDPC | 18389.50*** | 372.2473*** | 371.1791*** | 133.5894*** |
(GDPC)2 | 18241.00*** | 369.0536*** | 367.9854*** | 133.0527*** |
Food, beverages, and tobacco | ||||
 EEE1 | 2197.673*** | 24.01586*** | 22.94767*** | 7.771195*** |
 EEE2 | 6475.707*** | 116.0219*** | 114.9537*** | 12.48474*** |
 IS | 7431.661*** | 136.5813*** | 135.5131*** | 35.91282*** |
 EI | 6973.332*** | 126.7241*** | 125.6560*** | 25.01527*** |
Textile | ||||
 EEE1 | 2176.865*** | 23.56835*** | 22.50017*** | 6.903700*** |
 EEE2 | 4172.194*** | 66.48113*** | 65.41295*** | 8.339922*** |
 IS | 20616.37*** | 420.1397*** | 419.0716*** | 136.3134*** |
 EI | 15420.77*** | 308.4001*** | 307.3319*** | 109.2848*** |
Pulp and paper | ||||
 EEE1 | 4003.710*** | 62.85761*** | 61.78943*** | 6.478504*** |
 EEE2 | 3915.745*** | 60.96579*** | 59.89760*** | 23.17551*** |
 IS | 4069.906*** | 64.28127*** | 63.21309*** | 22.34278*** |
 EI | 4222.092*** | 67.55427*** | 66.48609*** | 8.143726*** |
Chemical, oil, and coal | ||||
 EEE1 | 2658.673*** | 33.93040*** | 32.86222*** | 0.945503 |
 EEE2 | 3871.829*** | 60.02130*** | 58.95312*** | 13.73676*** |
 IS | 6639.121*** | 119.5364*** | 118.4682*** | 11.67073*** |
 EI | 4970.827*** | 83.65703*** | 82.58884*** | 5.456965*** |
Ceramic, stone, and clay | ||||
 EEE1 | 5275.150*** | 90.20198*** | 89.13380*** | 5.839171*** |
 EEE2 | 3688.423*** | 56.07685*** | 55.00867*** | 25.32286*** |
 IS | 9095.209*** | 172.3585*** | 171.2904*** | 55.84299*** |
 EI | 5660.663*** | 98.49307*** | 97.42489*** | 11.66218*** |
Iron and steel | ||||
 EEE1 | 2961.432*** | 40.44174*** | 39.37356*** | 6.172025*** |
 EEE2 | 3841.769*** | 59.37481*** | 58.30662*** | 1.358466 |
 IS | 5090.303*** | 86.22656*** | 85.15838*** | 28.29789*** |
 EI | 6670.311*** | 120.2072*** | 119.1390*** | 38.67571*** |
Machinery | ||||
 EEE1 | 3623.707*** | 54.68504*** | 53.61685*** | 9.014001*** |
 EEE2 | 4221.871*** | 67.54952*** | 66.48134*** | 21.49952*** |
 IS | 7532.853*** | 138.7575*** | 137.6894*** | 41.93699*** |
 EI | 15417.91*** | 308.3384*** | 307.2703*** | 118.6359*** |
Manufacturing | ||||
 EEE1 | 2898.726*** | 39.09313*** | 38.02495*** | 3.117450*** |
 EEE2 | 4979.578*** | 83.84523*** | 82.77705*** | 8.190819*** |
 IS | 9386.530*** | 178.6239*** | 177.5557*** | 75.65815*** |
 EI | 13290.18*** | 262.5782*** | 261.5100*** | 93.76585*** |