Table 2. Parameter estimates of China’s...

Table 2.

Parameter estimates of China’s Lucerne import demand

Exporter estimate	Coef	St. Err	t	Pr (>\|t\|)
α South Africa	−0.044	0.269	−0.162	0.872
αUSA	1.930	0.507	3.810	0.000***
αAUST	1.087	0.505	2.152	0.033*
α Spain	−1.912	0.357	−5.357	0.000***
αROW	−0.061	0.140	−0.437	0.663
β South Africa	0.003	0.015	0.218	0.827
βUSA	−0.069	0.028	−2.512	0.013*
βAUST	−0.048	0.027	−1.778	0.077
β Spain	0.108	0.019	5.609	0.000***
βROW	0.006	0.008	0.786	0.433
γ (South Africa-South Africa)	−0.072	0.074	−0.976	0.330
γ (South Africa-USA)	0.106	0.085	1.254	0.211
γ (South Africa-AUST)	−0.049	0.050	−0.981	0.328
γ (South Africa-Spain)	−0.010	0.056	−0.184	0.854
γ (South Africa-ROW)	0.025	0.043	0.585	0.560
γ (USA-South Africa)	0.106	0.085	1.254	0.211
γ (USA-USA)	0.562	0.139	4.029	0.000***
γ (USA-AUST)	−0.537	0.075	−7.138	0.000***
γ (USA-Spain)	−0.041	0.092	−0.442	0.659
γ (USA-ROW)	−0.090	0.073	−1.226	0.222
γ (AUST-South Africa)	−0.049	0.050	−0.981	0.328
γ (AUST-USA)	−0.537	0.075	−7.138	0.000***
γ (AUST-AUST)	0.471	0.089	5.314	0.000***
γ (AUST-Spain)	0.117	0.074	1.585	0.115
γ (AUST-ROW)	−0.002	0.076	−0.025	0.980
γ (Spain-South Africa)	−0.010	0.056	−0.184	0.854
γ (Spain-USA)	−0.041	0.092	−0.442	0.659
γ (Spain-AUST)	0.117	0.074	1.585	0.115
γ (Spain-Spain)	−0.100	0.096	−1.039	0.300
γ (Spain-ROW)	0.034	0.053	0.653	0.515
γ (ROW-South Africa)	0.025	0.043	0.585	0.560
γ (ROW-USA)	−0.090	0.073	−1.226	0.222
γ (ROW-AUST)	−0.002	0.076	−0.025	0.980
γ (ROW-Spain)	0.034	0.053	0.653	0.515
γ (ROW-ROW)	0.032	0.040	0.791	0.430
R squared	Expenditures		Quantities
South Africa		0.084		0.084
USA		0.591		0.942
AUST		0.529		0.430
Spain		0.425		0.733
ROW		0.100		0.371

Exporter estimate	Coef	St. Err	t	Pr (>\|t\|)
α South Africa	−0.044	0.269	−0.162	0.872
αUSA	1.930	0.507	3.810	0.000***
αAUST	1.087	0.505	2.152	0.033*
α Spain	−1.912	0.357	−5.357	0.000***
αROW	−0.061	0.140	−0.437	0.663
β South Africa	0.003	0.015	0.218	0.827
βUSA	−0.069	0.028	−2.512	0.013*
βAUST	−0.048	0.027	−1.778	0.077
β Spain	0.108	0.019	5.609	0.000***
βROW	0.006	0.008	0.786	0.433
γ (South Africa-South Africa)	−0.072	0.074	−0.976	0.330
γ (South Africa-USA)	0.106	0.085	1.254	0.211
γ (South Africa-AUST)	−0.049	0.050	−0.981	0.328
γ (South Africa-Spain)	−0.010	0.056	−0.184	0.854
γ (South Africa-ROW)	0.025	0.043	0.585	0.560
γ (USA-South Africa)	0.106	0.085	1.254	0.211
γ (USA-USA)	0.562	0.139	4.029	0.000***
γ (USA-AUST)	−0.537	0.075	−7.138	0.000***
γ (USA-Spain)	−0.041	0.092	−0.442	0.659
γ (USA-ROW)	−0.090	0.073	−1.226	0.222
γ (AUST-South Africa)	−0.049	0.050	−0.981	0.328
γ (AUST-USA)	−0.537	0.075	−7.138	0.000***
γ (AUST-AUST)	0.471	0.089	5.314	0.000***
γ (AUST-Spain)	0.117	0.074	1.585	0.115
γ (AUST-ROW)	−0.002	0.076	−0.025	0.980
γ (Spain-South Africa)	−0.010	0.056	−0.184	0.854
γ (Spain-USA)	−0.041	0.092	−0.442	0.659
γ (Spain-AUST)	0.117	0.074	1.585	0.115
γ (Spain-Spain)	−0.100	0.096	−1.039	0.300
γ (Spain-ROW)	0.034	0.053	0.653	0.515
γ (ROW-South Africa)	0.025	0.043	0.585	0.560
γ (ROW-USA)	−0.090	0.073	−1.226	0.222
γ (ROW-AUST)	−0.002	0.076	−0.025	0.980
γ (ROW-Spain)	0.034	0.053	0.653	0.515
γ (ROW-ROW)	0.032	0.040	0.791	0.430
R squared	Expenditures		Quantities
South Africa		0.084		0.084
USA		0.591		0.942
AUST		0.529		0.430
Spain		0.425		0.733
ROW		0.100		0.371

Note(s):

Significant codes: 0 “***” 0.001 “**” 0.01 “*” 0.05 “.” 0.1“ ”1

Source(s): Authors compilations

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