Table 3

VIF and semi R2 estimations

PGFUWTEDFPVANumber of observation
Manufacturing
VIF2.351.701.732.643.581.59150
Semi R20.570.410.420.620.720.37
Construction
VIF2.411.411.542.692.572.0170
Semi R20.580.290.350.630.610.50
Trade
VIF1.241.281.281.271.371.24220
Semi R20.190.220.220.210.270.19
Accommodation
VIF1.761.961.311.991.612.60160
Semi R20.430.490.240.500.380.61
ICT
VIF2.873.273.121.881.292.2180
Semi R20.650.690.680.470.230.55
Finance
VIF1.731.714.022.725.996.0790
Semi R20.420.420.750.630.830.84
Professional
VIF1.421.261.642.061.601.85200
Semi R20.300.210.390.520.380.46
Administration
VIF1.371.382.663.782.241.37120
Semi R20.270.280.620.740.550.27
Education
VIF1.101.422.452.542.272.12120
Semi R20.090.290.590.610.560.53
Health
VIF1.371.161.781.631.832.59200
Semi R20.270.140.440.390.450.61
Arts
VIF1.692.701.712.012.704.49120
Semi R20.410.630.410.500.630.78
Other
VIF1.061.091.491.411.111.15210
Semi R20.060.090.330.290.100.13

Source(s): Own elaboration

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