The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
Table 2 Estimation of TCI on within effect
From: Industrial policy and labour productivity growth in Africa: does the technology choice matter?
Variables | (1) | (2) | (3) | (4) | (5) | (6) | (7) |
|---|---|---|---|---|---|---|---|
Within effect | Within effect | Within effect | Within effect | Within effect | Within effect | Within effect | |
TCI | − 2.880*** (1.048) | − 2.594** (1.042) | − 2.249** (1.052) | − 2.197** (1.111) | − 2.300** (1.168) | − 1.668 (1.303) | − 1.559 (1.324) |
Population growth (annual %) | 1.266*** (0.389) | 1.272*** (0.389) | 1.273*** (0.390) | 1.257*** (0.396) | 1.023** (0.409) | 0.931** (0.424) | |
Institution | 0.289* (0.148) | 0.291* (0.150) | 0.297* (0.158) | 0.504*** (0.174) | 0.555*** (0.186) | ||
Human Capital Index | − 0.604 (4.128) | − 0.343 (4.203) | − 2.210 (4.731) | − 2.534 (4.823) | |||
Domestic credit to private sector by banks (% of GDP) | 0.038 (0.064) | 0.016 (0.067) | − 0.000 (0.071) | ||||
Trade openness | − 0.486 (2.992) | − 0.433 (3.048) | |||||
Manufacturing share in GDP (%) | − 0.141 (0.176) | ||||||
Constant | 5.951*** (1.843) | 2.511 (2.111) | 1.316 (2.182) | 2.287 (6.984) | 1.320 (7.245) | 4.306 (8.290) | 6.984 (9.018) |
Observations | 560 | 560 | 557 | 557 | 545 | 508 | 491 |
R-squared | 0.149 | 0.166 | 0.167 | 0.168 | 0.162 | 0.179 | 0.184 |
Country FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Year FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes |