DK results for the services sector in ECOWAS
| lnserv | DK-OLS | FE(1) | FE(2) | FE(3) | FE(4) |
|---|---|---|---|---|---|
| intr | −0.0191* | −0.0026* | −0.0047 | −0.0061* | −0.0077* |
| lnexr | −0.1040*** | −0.01920 | −0.0079 | 0.0124 | −0.0171 |
| lninfl | 0.1020* | −0.0144 | −0.0705 | −0.107 | −0.1070 |
| lnms | 0.5240*** | 0.0565 | 0.0303 | 0.0410 | 0.0481 |
| msgr | −0.0029* | −0.0004 | −0.0003 | −0.0003 | −0.0003 |
| lncapital | 0.5230*** | 0.0027 | 0.0112 | 0.0088 | −0.0003 |
| lnlabour | 0.6360*** | 1.3540*** | 1.3330*** | 1.330*** | 1.3780*** |
| lnintrms | 0.2410** | 0.0073 | 0.0056 | 0.0083 | 0.0132 |
| lnexrms | 0.0000* | ||||
| exrintr | 0.0000** | ||||
| inflintr | 0.0000 | ||||
| Constant | −1.5660*** | 1.2100* | 1.6570** | 1.7900** | 1.3450* |
| Hausman | −73.78*** | # | # | # | # |
| R_2 | 0.9758 | # | # | # | # |
| within R_2 | # | 0.7810 | 0.7905 | 0.7962 | 0.7814 |
| Observations | 91 | 91 | 91 | 91 | 91 |
| lnserv | DK-OLS | FE(1) | FE(2) | FE(3) | FE(4) |
|---|---|---|---|---|---|
| intr | −0.0191* | −0.0026* | −0.0047 | −0.0061* | −0.0077* |
| lnexr | −0.1040*** | −0.01920 | −0.0079 | 0.0124 | −0.0171 |
| lninfl | 0.1020* | −0.0144 | −0.0705 | −0.107 | −0.1070 |
| lnms | 0.5240*** | 0.0565 | 0.0303 | 0.0410 | 0.0481 |
| msgr | −0.0029* | −0.0004 | −0.0003 | −0.0003 | −0.0003 |
| lncapital | 0.5230*** | 0.0027 | 0.0112 | 0.0088 | −0.0003 |
| lnlabour | 0.6360*** | 1.3540*** | 1.3330*** | 1.330*** | 1.3780*** |
| lnintrms | 0.2410** | 0.0073 | 0.0056 | 0.0083 | 0.0132 |
| lnexrms | 0.0000* | ||||
| exrintr | 0.0000** | ||||
| inflintr | 0.0000 | ||||
| Constant | −1.5660*** | 1.2100* | 1.6570** | 1.7900** | 1.3450* |
| Hausman | −73.78*** | # | # | # | # |
| R_2 | 0.9758 | # | # | # | # |
| within R_2 | # | 0.7810 | 0.7905 | 0.7962 | 0.7814 |
| 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
Sharing content requires targeting cookies to be enabled. Please update your cookie preferences to use this feature.