Hausman test for Equation (4).
| Conditional fixed-effects Poisson regression | |||||||
|---|---|---|---|---|---|---|---|
| ln_FC_ij | Coef. | St.Err. | t-value | p-value | [95% Conf | Interval] | Sig |
| ln_GDP_Cap_j | 0.105 | 0.023 | 4.63 | 0 | 0.061 | 0.15 | *** |
| ln_GDP_Cap_i | 0.077 | 0.027 | 2.84 | 0.005 | 0.024 | 0.13 | *** |
| AfCFTA_ij | 0.009 | 0.021 | 0.43 | 0.665 | −0.031 | 0.049 | |
| ln_Dist | −0.257 | 0.189 | −1.36 | 0.173 | −0.627 | 0.112 | |
| Conditional fixed-effects Poisson regression | |||||||
|---|---|---|---|---|---|---|---|
| ln_FC_ij | Coef. | St.Err. | [95% Conf | Interval] | Sig | ||
| ln_GDP_Cap_j | 0.105 | 0.023 | 4.63 | 0 | 0.061 | 0.15 | *** |
| ln_GDP_Cap_i | 0.077 | 0.027 | 2.84 | 0.005 | 0.024 | 0.13 | *** |
| AfCFTA_ij | 0.009 | 0.021 | 0.43 | 0.665 | −0.031 | 0.049 | |
| ln_Dist | −0.257 | 0.189 | −1.36 | 0.173 | −0.627 | 0.112 | |
| Mean dependent var | 6.343 | SD dependent var | 3.342 |
| Number of obs | 4,393 | Chi-square | 42.973 |
| Prob > χ2 | 0.000 | Akaike crit. (AIC) | 15955.734 |
| Mean dependent var | 6.343 | SD dependent var | 3.342 |
| Number of obs | 4,393 | Chi-square | 42.973 |
| Prob > | 0.000 | Akaike crit. (AIC) | 15955.734 |
| Random-effects Poisson regression | |||||||
|---|---|---|---|---|---|---|---|
| ln_FC_ij | Coef. | St.Err. | t-value | p-value | [95% Conf | Interval] | Sig |
| ln_GDP_Cap_j | 0.124 | 0.017 | 7.13 | 0 | 0.09 | 0.158 | *** |
| ln_GDP_Cap_i | 0.056 | 0.018 | 3.17 | 0.002 | 0.021 | 0.09 | *** |
| AfCFTA_ij | 0.002 | 0.02 | 0.09 | 0.929 | −0.037 | 0.041 | |
| ln_Dist | −0.181 | 0.044 | −4.15 | 0 | −0.267 | −0.096 | *** |
| Lang_ij | 0.152 | 0.054 | 2.81 | 0.005 | 0.046 | 0.258 | *** |
| contig | 0.215 | 0.106 | 2.02 | 0.044 | 0.006 | 0.423 | ** |
| Constant | 2.995 | 0.347 | 8.63 | 0 | 2.315 | 3.675 | *** |
| lnalpha | −1.69 | 0.089 | .b | .b | −1.865 | −1.516 | |
| Random-effects Poisson regression | |||||||
|---|---|---|---|---|---|---|---|
| ln_FC_ij | Coef. | St.Err. | [95% Conf | Interval] | Sig | ||
| ln_GDP_Cap_j | 0.124 | 0.017 | 7.13 | 0 | 0.09 | 0.158 | *** |
| ln_GDP_Cap_i | 0.056 | 0.018 | 3.17 | 0.002 | 0.021 | 0.09 | *** |
| AfCFTA_ij | 0.002 | 0.02 | 0.09 | 0.929 | −0.037 | 0.041 | |
| ln_Dist | −0.181 | 0.044 | −4.15 | 0 | −0.267 | −0.096 | *** |
| Lang_ij | 0.152 | 0.054 | 2.81 | 0.005 | 0.046 | 0.258 | *** |
| contig | 0.215 | 0.106 | 2.02 | 0.044 | 0.006 | 0.423 | ** |
| Constant | 2.995 | 0.347 | 8.63 | 0 | 2.315 | 3.675 | *** |
| lnalpha | −1.69 | 0.089 | .b | .b | −1.865 | −1.516 | |
| Mean dependent var | 6.341 | SD dependent var | 3.343 |
| Number of obs | 4,394 | Chi-square | 125.573 |
| Prob > χ2 | 0.000 | Akaike crit. (AIC) | 18837.912 |
| Mean dependent var | 6.341 | SD dependent var | 3.343 |
| Number of obs | 4,394 | Chi-square | 125.573 |
| Prob > | 0.000 | Akaike crit. (AIC) | 18837.912 |
| Hausman specification test | |
|---|---|
| Coef. | |
| Chi-square test value | 2.338 |
| p-value | 0.674 |
| Hausman specification test | |
|---|---|
| Coef. | |
| Chi-square test value | 2.338 |
| 0.674 | |
Note(s): ***p < 0.01, **p < 0.05, *p < 0.1
Source(s): Authors’ compilation
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