Table 24.4:
Input elasticities and inverse input elasticities.
GMM estimates of level equations, with all IV’s in differences.
With mean deduction
Q = output, M = materials, K = capital
In parenthesis: Cols. 1-5: Standard deviation estimates. Cols. 6-7: p values
Textiles: N = 215, T =8
|
y, x |
,ʌ β Lx |
,ʌ |
,ʌ β Lxy |
-~⅛- |
-~⅛- |
X 2( β Lx ) |
χ2(βeLy) |
|
ln M, ln Q |
1.0219 |
1.2148 |
1.1881 |
1.0739 |
1.1749 |
54.66 |
73.56 |
|
(0.0644) |
(0.1202) |
(0.0786) |
(0.0289) |
(0.0316) |
(0.2065) |
(0.0079) | |
|
lnQ,lnM |
0.7345 |
0.9392 |
0.7048 |
0.7428 |
0.8834 |
64.48 |
52.42 |
|
(0.0730) |
(0.0559) |
(0.0621) |
(0.0225) |
(0.0242) |
(0.0460) |
(0.2720) | |
|
ln K, ln Q |
1.0348 |
1.2201 |
1.0776 |
0.7504 |
1.3279 |
84.43 |
76.36 |
|
(0.1471) |
(0.1514) |
(0.1153) |
(0.0703) |
(0.0808) |
(0.0007) |
(0.0043) | |
|
lnQ, lnK |
0.5967 |
0.7045 |
0.5902 |
0.4599 |
0.6675 |
69.04 |
94.75 |
|
(0.0755) |
(0.1190) |
(0.0682) |
(0.0322) |
(0.0546) |
(0.0198) |
(0.0000) |
Wood and Wood Products: N = 603, T =8
|
y, x |
b β Lx |
^ |
b β Lxy |
-~⅛- |
-~⅛- |
X 2( β Lx ) |
-~⅛- X2(βeLy) |
|
lnM,lnQ |
1.0501 |
1.1174 |
1.0813 |
1.0646 |
1.1328 |
63.26 |
65.06 |
|
(0.0219) |
(0.0245) |
(0.0235) |
(0.0140) |
(0.0188) |
(0.0567) |
(0.0415) | |
|
ln Q, ln M |
0.8740 |
0.9425 |
0.8888 |
0.8644 |
0.9277 |
62.69 |
62.27 |
|
(0.0192) |
(0.0189) |
(0.0194) |
(0.0145) |
(0.0123) |
(0.0625) |
(0.0671) | |
|
lnK,lnQ |
0.6696 |
1.4487 |
0.8460 |
0.4414 |
1.4470 |
100.40 |
126.86 |
|
(0.0927) |
(0.1615) |
(0.0794) |
(0.0489) |
(0.1093) |
(0.0000) |
(0.0000) | |
|
ln Q, ln K |
0.5188 |
0.7927 |
0.5363 |
0.3165 |
0.9208 |
102.10 |
149.90 |
|
(0.0655) |
(0.0905) |
(0.0546) |
(0.0339) |
(0.0617) |
(0.0000) |
(0.0000) |
40
More intriguing information
1. Do the Largest Firms Grow the Fastest? The Case of U.S. Dairies2. Developments and Development Directions of Electronic Trade Platforms in US and European Agri-Food Markets: Impact on Sector Organization
3. AJAE Appendix: Willingness to Pay Versus Expected Consumption Value in Vickrey Auctions for New Experience Goods
4. The name is absent
5. TOMOGRAPHIC IMAGE RECONSTRUCTION OF FAN-BEAM PROJECTIONS WITH EQUIDISTANT DETECTORS USING PARTIALLY CONNECTED NEURAL NETWORKS
6. CAN CREDIT DEFAULT SWAPS PREDICT FINANCIAL CRISES? EMPIRICAL STUDY ON EMERGING MARKETS
7. Monetary Policy News and Exchange Rate Responses: Do Only Surprises Matter?
8. Initial Public Offerings and Venture Capital in Germany
9. Governance Control Mechanisms in Portuguese Agricultural Credit Cooperatives
10. Crime as a Social Cost of Poverty and Inequality: A Review Focusing on Developing Countries