Integration, Regional Specialization and Growth Differentials in EU Acceding Countries: Evidence from Hungary



24 Anna Iara / Iulia Traistaru

Tab. A2.3: Correlations among the variables (cross-section models)

Y = 1/T ln (GDPCAPi,t+T/GDPCAPi,t) SPECG = 1/T ln (SPECi,t+T/SPECi,t)

Y

lnGDPCAP

lnFDI

SPECG

AGRIC

SERV

OPEN

Y______

1.0000

lnGDPCAP

0.5380

1.0000

lnFDI

0.6168

0.8055

1.000

SPECG

0.3501

0.0366

0.0450

1.0000

AGRIC

-0.3634

-0.2440

-0.2427

0.2257

1.0000

SERV

-0.0631

0.3911

0.3084

-0.1535

-0.5640

1.0000

OPEN

0.3088

0.1016

0.0549

-0.0038

0.0147

-0.1719

1.0000

Tab. A2.4: Testing for regional convergence (cross-section models)

Dependent variable: Average annual growth rate of regional real GDP per capita, Hungary, 1994-2000

(1)

(2)

(3)

(4)

LnGDPCAP

0.0538***
(0.0146)

0.0569***
(0.0134)

0.0415***
(0.0099)

0.0410***
(0.0111)

SPECG

0.2551***
(0.0515)

0.2841***
(0.0577)

0.2856***
(0.0629)

AGRIC

-0.3964***
(0.0726)

-0.3842***
(0.0720)

-0.3856***
(0.0757)

SERV

-0.1733***
(0.0439)

-0.1274***
(0.0412)

-0.1272**
(0.0453)

OPEN

0.040
(0.0234)

-0.0117

(0.0330)

BORDEU

0.0288***
(0.0093)

0.0311**
(0.0123)

Constant

-0.3108***
0.0879

-0.2144**
(0.0735)

-0.1369**
(0.0557)

-0.1306*
(0.0624)

R2         ~

0.2894

0.7548

0.8413

0.8427

adj. R2

0.2499

0.6673

0.7846

0.7702

N______

20

20

20

20

Estimations with White-corrected standard errors

*, **, *** significant at 10%, 5%, 1% levels; robust standard errors in parentheses



More intriguing information

1. The name is absent
2. The name is absent
3. Une Classe de Concepts
4. The name is absent
5. The name is absent
6. Innovation in commercialization of pelagic fish: the example of "Srdela Snack" Franchise
7. Second Order Filter Distribution Approximations for Financial Time Series with Extreme Outlier
8. The Folklore of Sorting Algorithms
9. Change in firm population and spatial variations: The case of Turkey
10. Distortions in a multi-level co-financing system: the case of the agri-environmental programme of Saxony-Anhalt