Table 7 DK results for economic growth... | Emerald Publishing

Table 7

DK results for economic growth in ECOWAS

lngdpp	DK-OLS	FE(1)	FE(2)	FE(3)	FE(4)
intr	−0.0203	0.0003	0.0026	0.0018	−0.0346^***
lnexr	−0.0778^***	0.0077	−0.0049	−0.0058	0.0225
lninfl	0.3370^***	−0.1730^***	−0.1110^***	−0.134^***	−0.8080^***
lnms	0.1770	−0.0927	−0.0636	−0.0861	−0.150^*
msgr	0.0003	0.0005	0.0004^*	0.0005^*	0.0008^*
lncapital	0.5690^***	0.1130^*	0.1030^*	0.110^*	0.0930^**
lnlabour	−0.4930^***	0.6510^***	0.6750^***	0.661^***	0.8110^***
lnintrms	0.1900	−0.0242^***	−0.0224^**	−0.0246^***	0.0161
lnexrms			−0.0000^*
exrintr				−0.0000
inflintr					0.0002^***
Constant	−0.2680	−4.3690^***	−4.8650^***	−4.6160^***	−3.4520^***
Hausman	802.91^***	#	#	#	#
R_2	0.8208	#	#	#	#
Within R_2		0.6322	0.6633	0.6395	0.6882
Observations	91	91	91	91	91

lngdpp	DK-OLS	FE(1)	FE(2)	FE(3)	FE(4)
intr	−0.0203	0.0003	0.0026	0.0018	−0.0346^***
lnexr	−0.0778^***	0.0077	−0.0049	−0.0058	0.0225
lninfl	0.3370^***	−0.1730^***	−0.1110^***	−0.134^***	−0.8080^***
lnms	0.1770	−0.0927	−0.0636	−0.0861	−0.150^*
msgr	0.0003	0.0005	0.0004^*	0.0005^*	0.0008^*
lncapital	0.5690^***	0.1130^*	0.1030^*	0.110^*	0.0930^**
lnlabour	−0.4930^***	0.6510^***	0.6750^***	0.661^***	0.8110^***
lnintrms	0.1900	−0.0242^***	−0.0224^**	−0.0246^***	0.0161
lnexrms			−0.0000^*
exrintr				−0.0000
inflintr					0.0002^***
Constant	−0.2680	−4.3690^***	−4.8650^***	−4.6160^***	−3.4520^***
Hausman	802.91^***	#	#	#	#
R_2	0.8208	#	#	#	#
Within R_2		0.6322	0.6633	0.6395	0.6882
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