Sector Switching: An Unexplored Dimension of Firm Dynamics in Developing Countries



Table B: Production Function Estimation - Specification Testing

Sector 15

βki = 0

ωt = 0

μ = 0

γ = 0

LL Restricted

-12,277

-12,191

-12,191

-12,986

LL unrestricted

-12,191

-12,170

-12,170

-12,170

Test Statistic

172.99

41.60

42.94

1,633.25

Result

Reject null (1%)

Reject null (1%)

Reject null (1%)

Reject null (1%)

Sector 17

βki = 0

ω = о

μ = 0

γ = 0

LL Restricted

-2,172

-2,166

-2,147

-2,264

LL unrestricted

-2,166

-2,147

-2,147

-2,147

Test Statistic

13.28

37.64

1.18

233.72

Result___________

Reject null (1%)

Reject null (1%)

Do not reject

Reject null (1%)

Sector 18

βki = 0

ω = о

μ = 0

γ = 0

LL Restricted

-3,831

-3,824

-3,816

-3,978

LL unrestricted

-3,824

-3,807

-3,807

-3,807

Test Statistic

13.22

33.72

17.20

341.48

Result

Reject null (1%)

Reject null (1%)

Reject null (1%)

Reject null (1%)

Sector 19

βki = 0

ω = о

μ = 0

γ = 0

LL Restricted

-1,223

-1,212

-1,211

-1,297

LL unrestricted

-1,212

-1,206

-1,206

-1,206

Test Statistic

21.07

13.28

11.22

183.35

Result___________

Reject null (1%)

Reject null (1%)

Reject null (1%)

Reject null (1%)

Sector 20

βki = 0

ω = о

μ = 0

γ = 0

LL Restricted

-3,524

-3,511

-3,510

-3,700

LL unrestricted

-3,511

-3,507

-3,507

-3,507

Test Statistic

25.74

7.28

6.41

386.47

Result

Reject null (1%)

Reject null (10%)

Reject null (5%)

Reject null (1%)

Sector 21

βki = 0

ω = о

μ = 0

γ = 0

LL Restricted

-2,087

-2,073

-2,069

-2,284

LL unrestricted

-2,073

-2,065

-2,065

-2,065

Test Statistic

28.26

15.01

7.89

436.62

Result___________

Reject null (1%)

Reject null (1%)

Reject null (1%)

Reject null (1%)

Sector 22

βki = 0

ω = о

μ = 0

γ = 0

LL Restricted

-2,013

-2,004

-2,001

-2,187

LL unrestricted

-2,004

-1,993

-1,993

-1,993

Test Statistic

18.20

23.29

17.13

389.03

Result

Reject null (1%)

Reject null (1%)

Reject null (1%)

Reject null (1%)

Sector 24

βki = 0

ω = о

μ = 0

γ = 0

LL Restricted

-2,288

-2,282

-2,280

-2,471

LL unrestricted

-2,282

-2,277

-2,277

-2,277

Test Statistic

12.26

10.59

5.89

388.97

Result___________

Reject null (1%)

Reject null (5%)

Reject null (5%)

Reject null (1%)

Sector 25

βki = 0

ω = о

μ = 0

γ = 0

LL Restricted

-3,085

-3,061

-3,064

-3,302

LL unrestricted

-3,061

-3,061

-3,061

-3,061

Test Statistic

46.72

1.67

6.16

481.23

Result

Reject null (1%)

Do not reject

Reject null (5%)

Reject null (1%)

Sector 26

βki = 0

ω = о

μ = 0

γ = 0

LL Restricted

-4,237

-4,216

4,169

-4,578

LL unrestricted

-4,216

-4,168

-4,168

-4,169

Test Statistic

41.47

95.64

1.15

871.45

Result___________

Reject null (1%)

Reject null (1%)

Do not reject

Reject null (1%)

43



More intriguing information

1. The name is absent
2. THE INTERNATIONAL OUTLOOK FOR U.S. TOBACCO
3. The name is absent
4. EFFICIENCY LOSS AND TRADABLE PERMITS
5. An Efficient Circulant MIMO Equalizer for CDMA Downlink: Algorithm and VLSI Architecture
6. Before and After the Hartz Reforms: The Performance of Active Labour Market Policy in Germany
7. Altruism and fairness in a public pension system
8. The name is absent
9. The economic doctrines in the wine trade and wine production sectors: the case of Bastiat and the Port wine sector: 1850-1908
10. Giant intra-abdominal hydatid cysts with multivisceral locations