Slope heterogeneity and cross-sectional dependency analysis
| Slope homogeneity test | ||
| Statistics | Delta tilde (p-value) | Delta tilde adjusted |
| 2.208** (0.027) | 3.035*** (0.002) | |
| Cross-sectional dependence test | ||
| Variables | CD test | Means abs (ρ) |
| CI | −2.302** | 0.54 |
| OFDI | 28.036*** | 0.96 |
| IS | 1.423 | 0.67 |
| EL | 17.567*** | 0.97 |
| OPEN | 3.365*** | 0.38 |
| UR | 22.242*** | 0.76 |
| EC | 22.281*** | 0.76 |
| Statistics | Delta tilde ( | Delta tilde adjusted |
| 2.208** (0.027) | 3.035*** (0.002) | |
| Variables | CD test | Means abs (ρ) |
| CI | −2.302** | 0.54 |
| OFDI | 28.036*** | 0.96 |
| IS | 1.423 | 0.67 |
| EL | 17.567*** | 0.97 |
| OPEN | 3.365*** | 0.38 |
| UR | 22.242*** | 0.76 |
| EC | 22.281*** | 0.76 |
Sharing content requires targeting cookies to be enabled. Please update your cookie preferences to use this feature.