Table 9 SUR estimation System: SUR_WAVES... | Emerald Publishing

Table 9

SUR estimation

System: SUR_WAVES
Estimation method: Seemingly unrelated regression
Total system (unbalanced) observations 263
Linear estimation after one-step weighting matrix
Estimated equations L (GDPP)= C(1)TRUST + C(2)SATISFACTION + C(3)POST_MATERIALISM + C(4)AUTONOMY + C(5)FDI + C(6)TRADE + C(7)*SCHOOL + C(8)
	Coefficient	Std. Error	t-Statistic	Prob
C(1)	−1.54029	0.456687	−3.37275	0.0009
C(2)	0.547449	0.06606	8.287123	0
C(3)	0.276658	0.09249	2.991229	0.0031
C(4)	0.421799	0.118439	3.561308	0.0004
C(5)	0.00453	0.006794	0.666746	0.5055
C(6)	0.003596	0.001129	3.185146	0.0016
C(7)	0.04257	0.008543	4.98277	0
C(8)	3.066689	1.164047	2.634506	0.0089
Determinant residual covariance		1.081827
Wald Test
Null Hypothesis: C(1) = 0,C(2) = 0,C(3) = 0,C(4) = 0,C(5) = 0,C 6) = 0,C(7) = 0,C(8) = 0

System: SUR_WAVES
Estimation method: Seemingly unrelated regression
Total system (unbalanced) observations 263
Linear estimation after one-step weighting matrix
Estimated equationsL (GDPP)= C(1)TRUST + C(2)SATISFACTION + C(3)POST_MATERIALISM + C(4)AUTONOMY + C(5)FDI + C(6)TRADE + C(7)*SCHOOL + C(8)
	Coefficient	Std. Error	t-Statistic	Prob
C(1)	−1.54029	0.456687	−3.37275	0.0009
C(2)	0.547449	0.06606	8.287123	0
C(3)	0.276658	0.09249	2.991229	0.0031
C(4)	0.421799	0.118439	3.561308	0.0004
C(5)	0.00453	0.006794	0.666746	0.5055
C(6)	0.003596	0.001129	3.185146	0.0016
C(7)	0.04257	0.008543	4.98277	0
C(8)	3.066689	1.164047	2.634506	0.0089
Determinant residual covariance		1.081827
Wald Test
Null Hypothesis: C(1) = 0,C(2) = 0,C(3) = 0,C(4) = 0,C(5) = 0,C 6) = 0,C(7) = 0,C(8) = 0

Test statistic	Value	df	Probability
Chi-square	25288.57	8	0.0000

Source(s): Authors' estimation