DK results for the agricultural sector in ECOWAS
| lnagric | DK-OLS | FE(1) | FE(2) | FE(3) | FE(4) |
|---|---|---|---|---|---|
| intr | −0.0423* | −0.0156*** | −0.0151*** | −0.0148*** | −0.0363*** |
| lnexr | −0.0390* | 0.1841** | 0.1810** | 0.1760** | 0.1920*** |
| lninfl | 0.3030*** | −0.3121*** | −0.2990*** | −0.2910*** | −0.6870*** |
| lnms | −0.3570* | −0.5781*** | −0.5720*** | −0.5740*** | −0.6120*** |
| msgr | −0.0026 | 0.0001 | 0.0001 | 0.0001 | 0.0003 |
| lncapital | 0.0504** | −0.0176 | −0.0195* | −0.0190* | −0.0293* |
| lnlabour | 1.0750*** | 1.3720*** | 1.3770*** | 1.3770*** | 1.4670*** |
| lnintrms | 0.3330* | 0.3940*** | 0.3950*** | 0.3940*** | 0.4180*** |
| lnexrms | −0.0000 | ||||
| exrintr | −0.0000 | ||||
| inflintr | 0.0001** | ||||
| Constant | 2.540*** | 1.3410* | 1.2380* | 1.2100* | 1.8840** |
| Hausman | 55.41*** | # | # | # | # |
| R_2 | 0.9760 | # | # | # | # |
| Within R_2 | # | 0.6679 | 0.6683 | 0.6685 | 0.6740 |
| Observations | 91 | 91 | 91 | 91 | 91 |
| lnagric | DK-OLS | FE(1) | FE(2) | FE(3) | FE(4) |
|---|---|---|---|---|---|
| intr | −0.0423* | −0.0156*** | −0.0151*** | −0.0148*** | −0.0363*** |
| lnexr | −0.0390* | 0.1841** | 0.1810** | 0.1760** | 0.1920*** |
| lninfl | 0.3030*** | −0.3121*** | −0.2990*** | −0.2910*** | −0.6870*** |
| lnms | −0.3570* | −0.5781*** | −0.5720*** | −0.5740*** | −0.6120*** |
| msgr | −0.0026 | 0.0001 | 0.0001 | 0.0001 | 0.0003 |
| lncapital | 0.0504** | −0.0176 | −0.0195* | −0.0190* | −0.0293* |
| lnlabour | 1.0750*** | 1.3720*** | 1.3770*** | 1.3770*** | 1.4670*** |
| lnintrms | 0.3330* | 0.3940*** | 0.3950*** | 0.3940*** | 0.4180*** |
| lnexrms | −0.0000 | ||||
| exrintr | −0.0000 | ||||
| inflintr | 0.0001** | ||||
| Constant | 2.540*** | 1.3410* | 1.2380* | 1.2100* | 1.8840** |
| Hausman | 55.41*** | # | # | # | # |
| R_2 | 0.9760 | # | # | # | # |
| Within R_2 | # | 0.6679 | 0.6683 | 0.6685 | 0.6740 |
| Observations | 91 | 91 | 91 | 91 | 91 |
Note(s): FE is fixed-effects. # means no data. *, ** and *** mean significant at 10%, 5% and 1%, respectively
Source(s): Authors
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