Table 4 3SLS model performance and... | Emerald Publishing

Table 4

3SLS model performance and equation summary statistics

		Austria				Belgium				France
	R²	RMSE	χ²	p	R²	RMSE	χ²	p	R²	RMSE	χ²	p
FDII	0.20	0.055	9.72	0.02	0.12	0.124	15.72	0.00	0.20	0.044	9.60	0.04
PED	0.86	0.073	297.92	0.00	0.95	0.95	782.47	0.00	0.95	0.044	766.41	0.00
EGC	0.91	0.074	1533.33	0.00	0.93	0.93	474.72	0.00	0.88	0.108	228.46	0.00
GVAC	0.92	0.035	2719.16	0.00	0.95	0.98	1916.43	0.00	0.92	0.310	1380.41	0.00

		Austria				Belgium				France
	R²	RMSE	χ²	p	R²	RMSE	χ²	p	R²	RMSE	χ²	p
FDII	0.20	0.055	9.72	0.02	0.12	0.124	15.72	0.00	0.20	0.044	9.60	0.04
PED	0.86	0.073	297.92	0.00	0.95	0.95	782.47	0.00	0.95	0.044	766.41	0.00
EGC	0.91	0.074	1533.33	0.00	0.93	0.93	474.72	0.00	0.88	0.108	228.46	0.00
GVAC	0.92	0.035	2719.16	0.00	0.95	0.98	1916.43	0.00	0.92	0.310	1380.41	0.00

		Germany				Netherland				Switzerland
	R²	RMSE	χ²	p	R²	RMSE	χ²	p	R²	RMSE	χ²	p
FDII	0.18	0.097	13.16	0.00	0.20	0.565	14.00	0.00	0.20	0.044	6.99	0.04
PED	0.94	0.040	729.18	0.00	0.91	0.039	807.23	0.00	0.90	0.044	766.41	0.00
EGC	0.92	0.128	434.47	0.00	0.84	0.161	156.56	0.00	0.88	0.108	228.46	0.00
GVAC	0.95	0.033	1805.15	0.00	0.91	0.041	1193.71	0.00	0.91	0.031	1380.41	0.00

		Germany				Netherland				Switzerland
	R²	RMSE	χ²	p	R²	RMSE	χ²	p	R²	RMSE	χ²	p
FDII	0.18	0.097	13.16	0.00	0.20	0.565	14.00	0.00	0.20	0.044	6.99	0.04
PED	0.94	0.040	729.18	0.00	0.91	0.039	807.23	0.00	0.90	0.044	766.41	0.00
EGC	0.92	0.128	434.47	0.00	0.84	0.161	156.56	0.00	0.88	0.108	228.46	0.00
GVAC	0.95	0.033	1805.15	0.00	0.91	0.041	1193.71	0.00	0.91	0.031	1380.41	0.00

Note(s): ^*p < 0.05, ^**p < 0.01, ^***p < 0.001

Source(s): Own elaboration