Evaluation of Sustainable Economic Growth in Portuguese Agriculture and Other Sectors - The Agricultural Economics of the 21st Century - page 94

Table 7.1 Estimation results of the Kaldor second law equation extended (new variables in levels), with panel data, for Portuguese economic sectors, over the
period 1995-2010 and over the seven Portuguese NUTs II

F/Wald
(mod.) h

F
(Fe_OLS) i

Corr
(u_i) j

F
(Re_OLS) k Const. a Coef. b Coef. c Coef. d Coef. e Coef. f Coef. g Hausman l R 2m

All economy
Fe n 0.375** 0.847*

(16.290)

6.640e-
06
(0.040)

0.004
(1.070)

0.001**
(1.920)

8.150e-
06
(

0.001
(0.800)

49.180* 6.390* 0.747 45.570* 0.762

( 1.730)

0.130)

Agriculture, forestry, and fishing
OLS o 0.0442 1.006*

(8.940)

0.000
(0.400)

0.001
(0.150)

0.000
(0.100)

0.000 0.006 0.000 11.700** 0.438

0.810) ( 0.070) ( ( 1.130)

Industry (except construction)
OLS o

0.318
(

0.895*
(18.710)

0.000
(1.260)

0.004

(1.460) 0.000

0.000
( 0.980) 0.002

0.000 10.960** 0.778

1.390) ( 0.150) ( 0.720)

Manufacturing
OLS o 0.403 0.871*

(20.500)

0.000
(0.870)

0.005
(1.480)

0.000
(0.340)

0.000 .000 0.000 12.020** 0.810

1.290) ( 1.490) ( ( 0.120)

Construction
OLS o 0.112

( 0.250)

0.413*
(6.330)

0.000
(0.750)

0.002
(0.350)

0.000
( 0.940)

0.000
(0.850)

0.005
( 1.210)

0.000 8.340 0.270

Wholesale and retail trade; transport, accommodation, and food service activities; information and communication
Fe n

0.448 0.923* 0.000 0.004

(0.660)

0.001**
(1.880)

0.000
(0.390)

0.006*
(2.590)

33.390* 2.300* 0.777 13.11* 0.685

(13.340)

( 1.300) ( 0.090)

Financial and insurance activities; real estate activities; professional, scientific, and technical activities; administrative and support service
OLS o 0.297

( 0.790)

1.032*
(21.240)

0.000
(0.380)

0.004
(0.700)

0.000
(0.420)

0.000
( 1.610)

0.000
(0.060)

0.000 9.950** 0.818