Modelling Transport in an Interregional General Equilibrium Model with Externalities



Appendix A

Table A1

Wage differentials by place of production. Estimated parameters and standard errors

Dependent variable:
ln(average wage)

FGLS

WLS

OLS

Intercept

12.04955 (0.00262)_______

12.07617 (0.00221)

12.0701 (0.00354)________

Gender

0.17744 (0.00056923)

0.19182 (0.00042372)

0.15730 (0.00080864)

Year=1999___________________

0.07181 (0.00086704)

0.06812 (0.00063209)

0.06648 (0.00124)________

Year=1998_____________________

0.05261 (0.00083882)

0.05011 (0.00059852)

0.04885 (0.00121)________

Year=1997___________________

0.02129 (0.00078997)

0.01956 (0.00055930)

0.02116 (0.00114)_______

Long further and higher education

0.44529 (0.00116)_________

0.48476 (0.00089247)

0.38434 (0.00153)________

Middle-range further and higher
education.

0.32206 (0.00094904)

0.31477 (0.00069157)

0.29656 (0.00132)

Short further and hi. edu.

0.19079 (0.00102 )________

0.19089 (0.00084233)

0.16910 (0.00135)________

Skilled worker

0.10002 (0.00065551)

0.10167 (0.00045153)

0.08367 (0.00098931)

Public and personal services

0.03522 (0.00158)_________

-0.00264 (0.00148)

0.08941 (0.00202)________

Financial intermediation

0.19359 (0.00167)_________

0.19702 (0.00155)________

0.19622 (0.00212)________

Transport and communic.

0.09228 (0.00182)_________

0.11263 (0.00161)________

0.08528 (0.00239)________

Wholesale and retail trade

0.05271 (0.00164)_________

0.07839 (0.00150)________

0.04573 (0.00213)________

Construction

0.01555 (0.00207)_________

-0.00886 (0.00162)

0.03066 (0.00321)________

Electricity, gas, & water.

0.15069 (0.00296)_________

0.10845 (0.00271)________

0.17680 (0.00381)________

Manufacturing

0.10046 (0.00158)_________

0.08810 (0.00148)________

0.10430 (0.00201)________

Age 45-59_____________________

0.26275 (0.00071966)

0.28820 (0.00053279)

0.22788 (0.00101)________

Age 30-44_____________________

0.20693 (0.00070084)

0.22936 (0.00051082)

0.17211 (0.00099141)

ln(unemployment)

-0.02047(0.00081802 )

-0.02993(0.00061965)

-0.02309 (0.00117)_______

ln(distance5)

-0.03893(0.00027692 )

-0.04252(0.00017878)

-0.03165(0.00045022)

* Adjusted R2___________________

-

-

0.215

Note: All variables are significant at 10% level. If all dummy variables are zero the representation is: Year=1996, basic
education, sector= Agriculture, and age 15-29 years old.

34



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