Sectoral Energy- and Labour-Productivity Convergence



Table 7 Conditional β-convergence labour productivity, specified, fixed effects

β

Energy
Price

Investment

share

Open

Balassa

Value
added
share

R2

F-stat

Implied λ

Agriculture

- 0.0915

1.3847*

- 0.7385*

- 0.2200

0.57

10.11

0.0192

(0.0595)

(0.8037)

(0.3722)

(2.8331)

Services

- 0.1663

- 0.0038

- 0.0671

0.0866

0.83

16.20

0.0364

(0.1190)

(0.0077)

(0.1744)

(0.8378)

Transport

- 0.5373***

0.4192

- 0.4716

21.6825***

0.74

14.90

0.1541

(0.1551)

(0.3580)

(0.3011)

(4.0113)

Chemicals

- 0.6136***

0.5821

- 0.2272

0.0169

0.0073

58.5063

0.65

7.97

0.1902

(0.1461)

(0.5868)

(0.3363)

(0.0278)

(0.2747)

(15.9523)

Food

- 0.1863

0.2232

- 0.6493

- 0.0319

- 0.1722

- 2.4415

0.42

2.72

0.0412

(0.1945)

(1.3284)

(0.8939)

(0.0831)

(0.3118)

(6.809)

Iron and Steel

- 0.4745***

- 2.3347

- 0.8303***

0.0411

0.3912**

- 8.8493

0.64

7.40

0.1287

(0.1462)

(1.7504)

(0.2629)

(0.0325)

(0.1807)

(14.9038)

Machinery

- 0.0094

0.1354

- 0.9026

- 0.0432

0.0462

4.8580

0.90

5.50

- 0.0663

(0.1600)

(0.1573)

(1.3723)

(0.0379)

(0.4437)

(3.6685)

Transport Equipment

0.3931

- 2.9548**

- 0.9192

0.0180

0.8165

5.9757

0.90

5.50

- 0.0663

(0.2863)

(1.3232)

(0.6803)

(0.0262)

(0.6111)

(12.0548)

Non-Ferrous Metals

- 0.1292

0.4453

- 0.0765

0.0192

- 0.0522

99.8361*

0.28

1.65

0.0277

(0.1562)

(9.2387)

(0.2227)

(0.0231)

(0.1578)

(59.341)

Non-Metallic Minerals

- 0.4089*

0.9708

- 0.7470

0.1170

- 0.3337

5.4763

0.36

2.15

0.1052

(0.2234)

(5.8474)

(0.7213)

(0.1174)

(0.3058)

(21.5337)

Paper

- 0.3015*

0.2964

0.2624

0.0966**

0.0173

30.0144***

0.77

12.57

0.0718

(0.1693)

(0.6340)

(0.4128)

(0.0450)

(0.0381)

(5.6951)

Textiles

- 0.5183***

2.8072*

1.1598

- 0.0426**

- 0.1660

- 23.1631**

0.69

8.41

0.1461

(0.1459)

(1.5751)

(1.2021)

(0.0204)

(0.1246)

(10.8028)

Wood

- 0.1014

- 0.4483

- 1.3205**

0.0001

- 0.0080

26.0902

0.78

11.51

0.0214

(0.1266)

(1.6638)

(0.3985)

(0.0348)

(0.0210)

(17.3229)

Standard errors in parentheses. Asterisks denote levels of significance: *** (1%), ** (5%), * (10%).

33



More intriguing information

1. The Folklore of Sorting Algorithms
2. The name is absent
3. Financial Markets and International Risk Sharing
4. Ein pragmatisierter Kalkul des naturlichen Schlieβens nebst Metatheorie
5. CONSUMER ACCEPTANCE OF GENETICALLY MODIFIED FOODS
6. The name is absent
7. The name is absent
8. The name is absent
9. Investment in Next Generation Networks and the Role of Regulation: A Real Option Approach
10. The Impact of Cognitive versus Affective Aspects on Consumer Usage of Financial Service Delivery Channels