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. Auctions in an outcome-based payment scheme to reward ecological services in agriculture – Conception, implementation and results2. The name is absent
3. Towards a framework for critical citizenship education
4. Environmental Regulation, Market Power and Price Discrimination in the Agricultural Chemical Industry
5. STIMULATING COOPERATION AMONG FARMERS IN A POST-SOCIALIST ECONOMY: LESSONS FROM A PUBLIC-PRIVATE MARKETING PARTNERSHIP IN POLAND
6. The name is absent
7. The Employment Impact of Differences in Dmand and Production
8. Foreign direct investment in the Indian telecommunications sector
9. The name is absent
10. The name is absent