Table 2 Unconditional β-convergence
|
Energy |
Implied λ |
Labour | ||||
|
βE |
R2 |
βL |
R2 |
Implied λ | ||
|
Total |
- 0.0368 (0.0246) |
0.03 |
0.0075 |
- 0.1138*** (0.0218) |
0.30 |
0.0242 |
|
Agriculture |
- 0.3227*** (0.0598) |
0.33 |
0.0779 |
- 0.0575* (0.0300) |
0.03 |
0.0118 |
|
Services |
- 0.1432*** (0.0424) |
0.26 |
0.0309 |
- 0.1445*** (0.0300) |
0.44 |
0.0312 |
|
Transport |
- 0.0827** (0.0312) |
0.12 |
0.0173 |
- 0.1046** (0.0465) |
0.10 |
0.0221 |
|
Manufacturing |
- 0.1524*** (0.0459) |
0.16 |
0.0331 |
- 0.0392 (0.0324) |
0.00 |
0.0080 |
|
Chemicals |
- 0.0190 (0.0436) |
0.01 |
0.0038 |
- 0.1027*** (0.0366) |
0.12 |
0.0217 |
|
Food and Tobacco |
- 0.0782** (0.0385) |
0.07 |
0.0163 |
- 0.1058** (0.0401) |
0.12 |
0.0224 |
|
Iron and Steel |
- 0.0442 (0.0557) |
0.01 |
0.0090 |
- 0.1060* (0.0461) |
0.05 |
0.0224 |
|
Machinery |
- 0.1729*** (0.0557) |
0.17 |
0.0380 |
- 0.1263** (0.0461) |
0.12 |
0.0270 |
|
Transport Equipment |
- 0.3082*** (0.0823) |
0.21 |
0.0737 |
- 0.1480* (0.0834) |
0.07 |
0.0320 |
|
Non-Ferrous Metals |
- 0.0153 (0.0617) |
0.00 |
0.0031 |
- 0.0683 (0.0494) |
0.03 |
0.0141 |
|
Non-Metallic Minerals |
- 0.3156*** (0.0761) |
0.24 |
0.0758 |
- 0.1459*** (0.0536) |
0.12 |
0.0315 |
|
Paper, Pulp and Printing |
- 0.0435 (0.0355) |
0.03 |
0.0089 |
- 0.0755** (0.0376) |
0.06 |
0.0157 |
|
Textiles and Leather |
- 0.3497*** (0.1020) |
0.19 |
0.0861 |
- 0.1577*** (0.0433) |
0.18 |
0.0343 |
|
Wood and Wood Products Standard errors in parentheses. |
- 0.0236 (0.0349) Asterisks denote levels |
0.01 0.0048 of significance: *** (1%), |
- 0.1925*** (0.0381) ** (5%), * (10%).__________ |
0.29 |
0.0428 | |
28