Agriculture Reference
In-Depth Information
Table 4.2 Estimations results of the Verdoorn equation extended, with panel data, for the several forms of the manufacturing sector considered, over the
period 1996-2008 and over the differing current countries of the European Union
F/Wald
(mod.)
h
F
(Fe_OLS)
i
Corr
(u_i)
j
F
(Re_OLS)
k
N.
O.
n
Const.
a
Coef.
b
Coef.
c
Coef.
d
Coef.
e
Coef.
f
Coef.
g
Hausman
l
R
2m
Manufacturing
FE
o
0.055
(
1.590)
0.945*
(23.250)
0.000
(0.050)
0.001
(1.060)
-
0.000
(0.680)
0.018*
(1.990)
117.540*
2.040*
0.389
-
-
0.846
136
RE
p
0.008
(0.770)
0.913*
(24.600)
0.000
(0.800)
0.000
(0.580)
-
0.000
(
0.270)
0.001
(
0.440)
-
-
-
5.310*
13.310*
0.888
136
OLS
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Manufacture of food products, beverages, and tobacco
FE
o
0.052
(
0.570)
0.870*
(14.000)
0.000
(
0.080)
0.002**
(1.700)
0.003
(0.550)
0.000**
(
1.780)
0.035
(1.440)
37.350*
0.790
0.418
-
-
0.711
120
RE
p
0.052*
(3.180)
0.896*
(16.280)
0.000
(
0.490)
0.001*
(2.270)
0.002*
(
2.930)
0.000*
(
2.540)
0.008
(0.940)
-
-
-
0.000
3.430
0.896
120
OLS
0.052*
(3.180)
0.896*
(16.280)
0.000
(
0.490)
0.001*
(2.270)
0.002*
(
2.930)
0.000*
(
2.540)
0.008
(0.940)
61.560*
-
-
-
-
0.753
120
Manufacture of food products and beverages
FE
o
0.454*
(3.300)
1.221*
(12.230)
0.000
(
1.410)
0.001
(
0.720)
0.015**
(
1.930)
0.000
(
1.620)
0.034
(
0.560)
32.660*
1.980*
0.966
-
-
0.827
63
RE
p
0.027
(0.890)
1.066*
(12.490)
0.000
(
0.230)
0.001
(0.950)
0.000
(
0.140)
0.000**
(
1.730)
0.015
(0.910)
-
-
-
0.030
1.550
0.796
63
OLS
0.026
(0.970)
1.059*
(12.320)
0.000
(
0.390)
0.001
(1.330)
0.001
(
0.450)
0.000
(
1.460)
0.010
(0.680)
36.590*
-
-
-
-
0.775
63
Production, processing, preserving of meat and meat products
FE
o
0.279*
(2.630)
0.999*
(16.970)
0.000
(1.040)
0.000
(0.340)
0.107*
(
2.040)
0.000*
(
2.450)
0.026
(1.540)
51.700*
0.890
0.605
-
-
0.760
128
RE
p
0.059*
(2.370)
0.959*
(18.000)
0.000
(0.250)
0.000
(0.370)
0.009
(
1.240)
0.000*
(
2.900)
0.016
(1.080)
-
-
-
0.000
7.410
0.850
128
OLS
0.059*
(2.370)
0.959*
(18.000)
0.000
(0.250)
0.000
(0.370)
0.009
(
1.240)
0.000*
(
2.900)
0.016
(1.080)
60.150*
-
-
-
-
0.736
128
(continued)
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