Correct Specification test: RESET test for Equation (4)
| Robust | ||||||
|---|---|---|---|---|---|---|
| ln_FC_ij | Coef. | Std.Err. | z | p > z | [95%Conf | Interval] |
| ln_GDP_Cap_j | 0.122 | 0.007 | 17.820 | 0.000 | 0.108 | 0.135 |
| ln_GDP_Cap_i | 0.044 | 0.006 | 7.600 | 0.000 | 0.032 | 0.055 |
| AfCFTA_ij | 0.000 | 0.021 | 0.010 | 0.992 | −0.041 | 0.042 |
| ln_Dist | −0.144 | 0.010 | −13.760 | 0.000 | −0.164 | −0.123 |
| Lang_ij | 0.137 | 0.015 | 8.880 | 0.000 | 0.107 | 0.167 |
| contig | 0.219 | 0.024 | 9.330 | 0.000 | 0.173 | 0.265 |
| _cons | 2.760 | 0.083 | 33.260 | 0.000 | 2.598 | 2.923 |
| Robust | ||||||
|---|---|---|---|---|---|---|
| ln_FC_ij | Coef. | Std.Err. | z | [95%Conf | Interval] | |
| ln_GDP_Cap_j | 0.122 | 0.007 | 17.820 | 0.000 | 0.108 | 0.135 |
| ln_GDP_Cap_i | 0.044 | 0.006 | 7.600 | 0.000 | 0.032 | 0.055 |
| AfCFTA_ij | 0.000 | 0.021 | 0.010 | 0.992 | −0.041 | 0.042 |
| ln_Dist | −0.144 | 0.010 | −13.760 | 0.000 | −0.164 | −0.123 |
| Lang_ij | 0.137 | 0.015 | 8.880 | 0.000 | 0.107 | 0.167 |
| contig | 0.219 | 0.024 | 9.330 | 0.000 | 0.173 | 0.265 |
| _cons | 2.760 | 0.083 | 33.260 | 0.000 | 2.598 | 2.923 |
Source(s): Authors’ compilation
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