Table 6 Conditional β-convergence energy productivity, specified, fixed effects
β |
Energy |
Investment share |
Open |
Balassa |
Value added share |
R 2 |
F-stat |
Implied λ | |
Agriculture |
- 0.8615*** |
1.3546 |
0.2182 |
12.3662 |
0.64 |
9.54 |
0.3954 | ||
(0.1965) |
(1.1801) |
(1.1274) |
(7.6932) | ||||||
Services |
- 0.8039*** |
1.1183* |
- 0.5308 |
7.1791** |
0.81 |
9.88 |
0.3258 | ||
(0.238) |
(0.6375 |
(0.7828) |
(3.2129) | ||||||
Transport |
- 0.5122* |
0.0540 |
- 0.0171 |
16.8394 |
0.80 |
15.84 |
0.1436 | ||
(0.2604) |
(0.1633) |
(0.3651) |
(4.3809) | ||||||
Chemicals |
- 0.7638*** |
0.7270 |
1.7622 |
0.0023 |
- 0.4818 |
76.7954*** |
0.88 |
19.29 |
0.2886 |
(0.1475) |
(0.4416) |
(1.0992) |
(0.0323) |
(0.3812) |
(13.9899) | ||||
Food |
- 0.0403 |
1.0346 |
- 0.5494 |
- 0.2596** |
- 0.5764 |
- 0.7585 |
0.63 |
4.13 |
0.0082 |
(0.3799) |
(0.7692) |
(1.0185) |
(0.1147) |
(0.394) |
(10.9498) | ||||
Iron and Steel |
- 0.8670*** |
3.8639*** |
- 1.3162** |
0.0052 |
0.9330*** |
- 5.4317 |
0.85 |
14.58 |
0.4035 |
(0.1679) |
(1.2861) |
(0.6329) |
(0.031) |
(0.2287) |
(18.3749) | ||||
Machinery |
- 0.5964** |
- 0.3718 |
3.8541 |
0.1009 |
0.6565 |
3.7735 |
0.66 |
4.62 |
0.1815 |
(0.2732) |
(1.1718) |
(3.208) |
(0.0971) |
(0.8200) |
(5.8699) | ||||
Transport Equipment |
- 1.1444*** |
-1.6712*** |
3.4196** |
0.2016*** |
0.2657 |
57.3976** |
0.84 |
8.30 |
--- |
(0.2930) |
(0.5916) |
(1.4195) |
(0.0718) |
(0.5175) |
(26.7348) | ||||
Non-Ferrous Metals |
- 0.0262 |
0.5837 |
0.0350 |
- 0.0494 |
0.0833 |
132.9891 |
0.56 |
2.76 |
0.0053 |
(0.2872) |
(1.1114) |
(0.429) |
(0.0552) |
(0.2178) |
(80.1969) | ||||
Non-Metallic Minerals |
- 0.9527*** |
0.2167 |
1.3573 |
0.0321 |
- 0.1779 |
- 17.6544 |
0.80 |
10.53 |
0.6102 |
(0.1758) |
(1.593) |
(1.2800) |
(0.1503) |
(0.2079) |
(32.8798) | ||||
Paper |
- 0.4712** |
1.0724* |
- 0.9484 |
- 0.0681 |
- 0.0111 |
- 5.335 |
0.73 |
5.91 |
0.1274 |
(0.2015) |
(0.567) |
(1.0232) |
(0.1107) |
(0.0879) |
(19.1876) | ||||
Textiles |
- 0.7502*** |
2.4389* |
3.1294 |
- 0.1738*** |
0.3466 |
- 49.3355** |
0.79 |
8.35 |
0.2774 |
(0.2705) |
(1.284) |
(2.6318) |
(0.0544) |
(0.2923) |
(21.5613) | ||||
Wood |
- 0.5676 |
- 0.9473 |
- 0.1751 |
- 0.1839 |
0.0299 |
68.6120 |
0.82 |
1.76 |
0.1677 |
(1.8578) |
(1.054) |
(6.9099) |
(0.4739) |
(0.1620) |
(333.4143) |
Standard errors in parentheses. Asterisks denote levels of significance: *** (1%), ** (5%), * (10%).
32
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