Summary statistics OLS estimation (observations from 1994 to 1995 to 2015 to 2016)
| Variable | Mean | SD. | Min | Max | Observations |
|---|---|---|---|---|---|
| LnER | 4.64 | 0.0542 | 4.56 | 4.75 | 22 |
| LnREP | 4.15 | 0.333 | 3.70 | 4.72 | 22 |
| LnLP | 4.59 | 0.342 | 4.02 | 5.08 | 22 |
| lnRD | 10.7 | 0.842 | 9.43 | 12.1 | 22 |
| lnEXM | 4.81 | 1.05 | 3.36 | 6.63 | 22 |
| lnDM | 7.49 | 0.784 | 6.50 | 8.86 | 22 |
| Variable | Mean | SD. | Min | Max | Observations |
|---|---|---|---|---|---|
| 4.64 | 0.0542 | 4.56 | 4.75 | 22 | |
| 4.15 | 0.333 | 3.70 | 4.72 | 22 | |
| 4.59 | 0.342 | 4.02 | 5.08 | 22 | |
| 10.7 | 0.842 | 9.43 | 12.1 | 22 | |
| 4.81 | 1.05 | 3.36 | 6.63 | 22 | |
| 7.49 | 0.784 | 6.50 | 8.86 | 22 |
Note(s): (1) ER, exchange rate; REP, relative export price; LP, labor productivity; RD, a proxy for technology; DM, Overall demand for manufacture of Ethiopia and (2) all variables are in natural log(Ln). (3) EXM, the manufacturing export of India, is the dependent variable
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