Table 3 Unspecified conditional β-convergence
Energy β E |
R2 |
Implied λ |
Labour | |||
β L |
R2 |
Implied λ | ||||
Total |
- 0.2214*** (0.0691) |
0.19 |
0.0501 |
- 0.1068*** (0.0262) |
0.58 |
0.0226 |
Agriculture |
- 0.4797*** (0.0888) |
0.49 |
0.1307 |
- 0.0831* (0.0431) |
0.22 |
0.0174 |
Services |
- 0.2181** (0.1169) |
0.44 |
0.0492 |
- 0.1783*** (0.0422) |
0.80 |
0.0393 |
Transport |
- 0.6301*** (0.1593) |
0.42 |
0.1989 |
- 0.1040 (0.1115) |
0.16 |
0.0220 |
Manufacturing |
- 0.6162*** (0.0680) |
0.67 |
0.1915 |
- 0.0553 (0.0382) |
0.16 |
0.0114 |
Chemicals |
- 0.2620*** (0.0836) |
0.33 |
0.0608 |
- 0.0929* (0.0484) |
0.29 |
0.0195 |
Food and Tobacco |
- 0.5180*** (0.1292) |
0.36 |
0.1460 |
- 0.1879*** (0.0542) |
0.49 |
0.0416 |
Iron and Steel |
- 0.3889*** (0.1113) |
0.32 |
0.0985 |
- 0.0642 (0.1055) |
0.11 |
0.0133 |
Machinery |
- 0.2305* (0.1365) |
0.31 |
0.0524 |
- 0.0549 (0.0499) |
0.45 |
0.0113 |
Transport Equipment |
- 0.9504*** (0.1127) |
0.68 |
0.6008 |
- 0.3104** (0.1253) |
0.23 |
0.0743 |
Non-Ferrous Metals |
- 0.5924*** (0.1426) |
0.38 |
0.1795 |
- 0.0439 (0.0932) |
0.10 |
0.0090 |
Non-Metallic Minerals |
- 0.5087*** (0.0980) |
0.55 |
0.1421 |
- 0.2089*** (0.0635) |
0.39 |
0.0469 |
Paper, Pulp and Printing |
- 0.6513*** (0.1033) |
0.60 |
0.2107 |
- 0.1053 (0.0783) |
0.24 |
0.0223 |
Textiles and Leather |
- 0.8612*** (0.1285) |
0.60 |
0.3949 |
- 0.2330*** (0.0545) |
0.33 |
0.0531 |
Wood and Wood Products |
- 1.0637*** (0.1941 |
0.60 |
-- |
- 0.2298*** (0.0650) |
0.47 |
0.0522 |
Standard errors in parentheses. Asterisks denote levels of significance: *** (1%), ** (5%), * (10%).
29
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