The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
Table 8 Pooled mean group (PMG) estimation results in the EEE2
Variable | Food, beverages, and tobacco | Textile | Pulp and paper | Chemical, oil, and coal | Ceramic, stone, and clay | Iron and steel | Machinery | Manufacturing |
|---|---|---|---|---|---|---|---|---|
Long-run coefficients | ||||||||
 GDPC | 0.005622 | − 0.006704 | 0.364428*** | 0.224758*** | 0.154350*** | 0.184207*** | 0.543159*** | 0.041063** |
(0.006755) | (0.016468) | (0.035822) | (0.028553) | (0.039514) | (0.016771) | (0.070102) | (0.019532) | |
 IS | 0.708107*** | 1.949296*** | − 2.496876*** | 5.289212*** | 4.336182*** | 2.163486*** | 1.649937*** | 0.047003 |
(0.079123) | (0.484480) | (0.675998) | (0.392801) | (1.421131) | (0.220376) | (0.241856) | (0.152928) | |
 EI | − 3.831770*** | − 5.070280*** | − 1.476130*** | 0.522816*** | − 3.047312*** | − 0.139239 | − 10.23583*** | − 0.556327** |
(0.348233) | (0.131664) | (0.145054) | (0.112337) | (0.388735) | (0.121722) | (1.731946) | (0.224435) | |
 Error correction coefficient | − 0.527979*** | − 0.473689*** | − 0.219589*** | − 0.363852*** | − 0.361466*** | − 0.429399*** | − 0.295468*** | − 0.341524*** |
(0.036298) | (0.052093) | (0.047404) | (0.051905) | (0.051190) | (0.044712) | (0.037209) | (0.032822) | |
Short-run coefficients | ||||||||
 ΔGDPC | 0.168953*** | 0.017391 | 0.072457 | 0.020243 | − 0.161638*** | − 0.061902 | − 0.150832*** | − 0.165019*** |
(0.029022) | (0.044485) | (0.045325) | (0.053235) | (0.049730) | (0.060066) | (0.039647) | (0.042273) | |
 ΔIS | 1.921214*** | 17.36910** | 10.01702*** | 3.314192*** | 3.090692 | 2.944536*** | 0.626998** | 1.508088** |
(0.741870) | (6.829242) | (2.961131) | (0.693949) | (2.583565) | (0.693743) | (0.245373) | (0.705934) | |
 ΔEI | − 3.456692*** | 1.989232*** | − 1.569114*** | − 0.121598 | − 3.595033*** | − 2.338647*** | − 3.789504 | − 6.366505*** |
(1.319924) | (0.308873) | (0.457523) | (0.502892) | (0.907851) | (0.796632) | (2.664045) | (1.436127) | |
 Constant | 0.319057*** | 0.316795*** | 0.004025 | − 0.339447*** | 0.112356*** | − 0.074982** | − 0.356596*** | 0.220408*** |
(0.029306) | (0.046785) | (0.030581) | (0.062929) | (0.031647) | (0.031271) | (0.045152) | (0.029064) | |
 Trend | − 0.001520** | 0.011687*** | – | − 0.007135*** | − 0.003524*** | − 0.005454*** | − 0.009763*** | − 0.003527*** |
(0.000671) | (0.001792) | – | (0.002408) | (0.001153) | (0.001409) | (0.001397) | (0.001050) | |
 Observations | 1034 | 1034 | 1034 | 1034 | 1034 | 1034 | 1034 | 1034 |