Agriculture Reference
In-Depth Information
Table 7.2 Estimation results of the Kaldor second law equation extended (new variables in growth rates) 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
OLS
n
0.002
0.656*
0.458*
0.176
(0.500)
0.083
0.000
0.000
0.000
5.610
0.664
(12.770)
(0.690)
0.020)
(
0.400)
(
2.570)
(
(
0.020)
Agriculture, forestry, and fishing
OLS
n
0.004
(0.280)
0.980*
(8.900)
1.767*
(
2.830)
1.017
(0.770)
0.490
(1.120)
0.040
(0.730)
0.031
(
1.480)
0.000
3.810
0.485
Industry (except construction)
OLS
n
0.009
(1.580)
0.835*
0.133
0.010
0.181
(1.030)
0.036
(1.630)
0.007
2.040**
210.110*
0.765
(17.810)
0.530)
(
(
0.020)
(
0.870)
Manufacturing
OLS
n
0.008
(1.170)
0.830*
(19.510)
0.132
(
0.440)
0.212
(0.350)
0.156
(0.750)
0.040
(1.510)
0.002
(
0.190)
1.490
14.900*
0.793
Construction
OLS
n
0.002
0.361*
(5.960)
0.745
0.611
(0.620)
0.068
(0.200)
0.011
(0.250)
0.001
0.000
1.680
0.250
(
0.210)
(
1.550)
(
0.040)
Wholesale and retail trade, transport, accommodation, and food service activities, information and communication
OLS
n
0.010
0.762*
0.309
0.167
0.012
0.025
0.010
(1.200)
0.000
1.470
0.603
(11.280)
1.200)
(0.070)
(
1.580)
(
(
0.320)
(
1.110)
Financial and insurance activities, real estate activities, professional, scientific, and technical activities, administrative and support service
OLS
n
0.041*
(
4.340)
1.040*
(21.400)
0.349
(0.870)
0.943
(1.170)
0.561
(2.050)
0.008
(0.220)
0.005
(0.380)
0.000
1.320
0.825
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