Table 3 Output elasticities by regions... | Emerald Publishing

Table 3

Output elasticities by regions

Variable/region	Third	Andean	Pacific	Caribbean	Others	Total
Labour	0.09**	0.13***	0.07***	0.18***	0.08***	0.08***
Capital	0.44***	0.06***	0.20**	0.18***	0.07*	0.26***
Materials	0.46**	0.79***	0.74***	0.69***	0.8***	0.65***
χ²	0.03	0.02	0.1	4.25***	3.24*	1.47
Observations	206	66	158	50	62	542

Variable/region	Third	Andean	Pacific	Caribbean	Others	Total
Labour	0.09**	0.13***	0.07***	0.18***	0.08***	0.08***
Capital	0.44***	0.06***	0.20**	0.18***	0.07*	0.26***
Materials	0.46**	0.79***	0.74***	0.69***	0.8***	0.65***
χ²	0.03	0.02	0.1	4.25***	3.24*	1.47
Observations	206	66	158	50	62	542

Note(s): ***, **, * denote level of significance at 1%, 5% and 10 %, respectively

Source(s): Authors’ calculations