The name is absent



TABLE 3

Real Output Growth
Econometric Results

Dependent variable: real
output growth 1993-1996
A ln(Q)?___________________

__________GABON__________

___________CHAD___________

Change in total unit costs

(ΔIπ(CZPqQ)_________________

—

—

0.078
(0.964)

0.533
(O.776)

—

—

—0.824

(O.224)

—0.824

(O.224)

Change in variable costs

S∣ΔIπ(P∣ZPq)SlΔIπ(PlZPq)

-1.21

(O.O29)

—1.28

(O.O2)

—

—

-0.941

(O.O18)

-0.941

(O.O18)

—

—

Dummy Export 1993

—

0.47
(0.001)

—

0.602
(O.O7)

—

1.644
(O.OO)

—

1.72

(O.OOO)

Dummy Export 1993 *
Change Total Unit Cost

—

—

—1.045

(O.7O7)

—

—

—

—5.932
(O.OOO)

—

Dummy Export 1993 *
Change Variable Costs

—1.529

(O.O15)

—

—

—

—3.575

(O.OOO)

—

—

—

Utilization of capacity
in 1993_____________________

—0.303
(0.446)

—0.36

(0.375)

—0.079
(0.845)

—0.141

(O.768)

—0.251

(O.451)

—0.2511

(O.451)

—0.334

(O.25O)

—0.334

(O.25O)

Productivity growth (‘93-96)

1.258
(O.OO2)

1.35
(O.OO1)

0.82

(0.624)

1.424
(O.459)

1.384
(O.O52)

1.384
(O.O52)

0.14

(O.872)

0.14

(O.872)

Number of observations

44

44

44

44

34

34

34

34

2SLS Regression with robust Standard Errors
P values in parenthesis.

TABLE 4
Productivity Growth
Econometric Results

Dependent variable:    productivity

growth (A lnA)

______GABON______

_________CHAD_________

Share of imported inputs in 1993

0.054

(O.774)________________

—0.195

________(O.588)_________________

Dummy Export 1993

—0.224

(O.257)________________

—1.072

________(O.OO7)_________________

Share of expatriates on total employment

0.844

(O.O42)________________

0.965

________(O.9O8)_________________

Share of foreign capital

0.282

(O.O74)________________

—0.219

________(O.691)_________________

Real output growth 1993-1996

0.137

(O.O56)________________

0.439

________(O.OO1)_________________

Number of observations___________________

__________44__________

_____________34_____________

R2________________________________________

___________0.20___________

_______________0.29______________

2SLS Regression with robust Standard Errors

16



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