Table 5 GLS results GLS Theoretical... | Emerald Publishing

Table 5

GLS results

	GLS	Theoretical verification of variables
	GLS	Expected sign	Outcome sign
CONAGR	0.1186 ***	–	+
CONAGR	(0.000)	–	+
CONINDS	0.0356*	+	+
CONINDS	(0.093)	+	+
CONSERV	0.0420*	+	+
CONSERV	(0.070)	+	+
RDEVEXP	0.0789***	+	+
RDEVEXP	(0.000)	+	+
CTDS	−0.0865***	–	–
CTDS	(0.000)	–	–
GSTDum	1.9887***	–	+
GSTDum	(0.000)	–	+
C	5.7289***
C	(0.002)

	GLS	Theoretical verification of variables
	GLS	Expected sign	Outcome sign
CONAGR	0.1186 ***	–	+
CONAGR	(0.000)	–	+
CONINDS	0.0356*	+	+
CONINDS	(0.093)	+	+
CONSERV	0.0420*	+	+
CONSERV	(0.070)	+	+
RDEVEXP	0.0789***	+	+
RDEVEXP	(0.000)	+	+
CTDS	−0.0865***	–	–
CTDS	(0.000)	–	–
GSTDum	1.9887***	–	+
GSTDum	(0.000)	–	+
C	5.7289***
C	(0.002)

Note(s): p-value in parentheses and the asterisks (***), (**) and * stands for 1%, 5% and 10% level of significance respectively

Source(s): Author