Table 2: Panel Unit Root Tests of TFP - ln(yit)
All Regions (N=19)
Test Statistic P-value Conclusion
|
LLC |
-5.69 |
0.0804 |
No Convergence |
|
IPS |
-1.62 |
0.3140 |
No Convergence |
|
MADF |
258.98 |
26.38 |
Convergence |
South (N=7)
Basilicata, Calabria, Campania, Molise, Puglia, Sardegna, Sicilia
Test Statistic P-value Conclusion
|
LLC |
-4.56 |
0.0888 |
No Convergence |
|
IPS |
-1.88 |
0.1430 |
No Convergence |
|
MADF |
29.26 |
26.38 |
Convergence |
Centre-North (N=12)
Emilia Romagna, Friuli V.G., Liguria, Lombardia, Piemonte
Trentino A.A., Veneto, Lazio, Marche, Toscana, Umbria, Abruzzo
Test Statistic P-value Conclusion
|
LLC |
-4.38 |
0.0264 |
Convergence |
|
IPS |
-1.56 |
0.4430 |
No Convergence |
|
MADF |
89.36 |
26.38 |
Convergence |
Centre (N=5)
|
Lazio, Marche, Umbria, Toscana, Abruzzo | |||
|
Test |
Statistic |
P-value____ |
Conclusion |
|
LLC |
-2.78 |
0.0627 |
No Convergence |
|
IPS |
-1.63 |
0.3940 |
No Convergence |
|
MADF |
28.63 |
26.38 |
Convergence |
North (N=7)
Friuli V.G., Liguria, Lombardia, Piemonte, Trentino A.A.
Veneto, Emilia Romagna
|
Test |
Statistic P-value Conclusion |
|
LLC |
-3.88 0.0204 Convergence -1.69 0.3130 No Convergence 24.79_____26.38____________No Convergence_________ |
For MADF, the critical value is reported instead of the p-value
22
More intriguing information
1. LABOR POLICY AND THE OVER-ALL ECONOMY2. The name is absent
3. The name is absent
4. The Veblen-Gerschenkron Effect of FDI in Mezzogiorno and East Germany
5. Real Exchange Rate Misalignment: Prelude to Crisis?
6. Sex-gender-sexuality: how sex, gender, and sexuality constellations are constituted in secondary schools
7. The name is absent
8. MANAGEMENT PRACTICES ON VIRGINIA DAIRY FARMS
9. Regional science policy and the growth of knowledge megacentres in bioscience clusters
10. Special and Differential Treatment in the WTO Agricultural Negotiations