The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
Table 3 Estimation of TCI on net or between static effect
From: Industrial policy and labour productivity growth in Africa: does the technology choice matter?
Variables | (1) | (2) | (3) | (4) | (5) | (6) | (7) |
|---|---|---|---|---|---|---|---|
Static effect | Static effect | Static effect | Static effect | Static effect | Static effect | Static effect | |
TCI | − 0.286 (0.260) | − 0.267 (0.261) | − 0.302 (0.259) | − 0.146 (0.272) | − 0.027 (0.285) | − 0.118 (0.319) | − 0.092 (0.322) |
Population growth (annual %) | 0.085 (0.097) | 0.108 (0.096) | 0.112 (0.095) | 0.103 (0.097) | 0.024 (0.100) | − 0.018 (0.103) | |
Institution | − 0.102*** (0.036) | − 0.095*** (0.037) | − 0.091** (0.039) | − 0.066 (0.042) | − 0.082* (0.045) | ||
Human Capital Index | − 1.826* (1.011) | − 1.683 (1.026) | − 1.139 (1.157) | − 1.205 (1.173) | |||
Domestic credit to private sector by banks (% of GDP) | − 0.009 (0.016) | − 0.008 (0.016) | − 0.018 (0.017) | ||||
Trade openness | − 1.966*** (0.732) | − 2.125*** (0.741) | |||||
Manufacturing share in GDP (%) | − 0.110** (0.043) | ||||||
Constant | 1.910*** (0.457) | 1.679*** (0.528) | 1.933*** (0.536) | 4.868*** (1.711) | 4.597*** (1.769) | 5.233** (2.028) | 7.125*** (2.194) |
Observations | 560 | 560 | 557 | 557 | 545 | 508 | 491 |
R-squared | 0.285 | 0.286 | 0.309 | 0.313 | 0.300 | 0.298 | 0.311 |
Country FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Year FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes |