Table 6: T-Tests for Equality of the α0s
|
M2-M1 |
M3-M1 |
M4-M1 | ||
|
USA |
0.005 (0.17) |
0.009 (0.27) |
0.069 |
(1.65) |
|
CAN |
0.070 (0.76) |
0.070 (0.89) |
0.099 |
(1.22) |
|
GBR |
0.031 (0.96) |
0.022 (0.82) |
0.022 |
(0.87) |
|
FRA |
0.046 (0.81) |
0.017 (0.54) |
0.012 |
(0.30) |
|
DEU |
0.011 (0.14) |
-0.009 (-0.20) |
-0.059 |
(-1.75) |
|
ITA |
0.050 (1.32) |
0.041 (1.10) |
0.078 |
(1.59) |
|
JPN |
-0.031 (-0.45) |
0.037 (0.45) |
-0.055 |
(-0.99) |
Note: the above figures are the parameter differences across models
and the numbers in parentheses are t-statistics.
Table 7: T-Tests for Equality of the ω0s
|
M2-M1 |
M3-M1 |
M4-M1 | |
|
USA |
-0.035 (-0.69) |
-0.007 (-0.16) |
0.053 (0.95) |
|
CAN |
0.016 (0.18) |
0.017 (0.23) |
0.035 (0.49) |
|
GBR |
0.004 (0.12) |
0.022 (-0.03) |
0.0009 (0.03) |
|
FRA |
0.005 (0.15) |
0.002 (0.05) |
0.003 (0.10) |
|
DEU |
-0.024 (-0.39) |
-0.005 (-0.07) |
-0.038 (-0.04) |
|
ITA |
0.022 (0.40) |
0.036 (0.84) |
0.100 (2.34)** |
|
JPN |
0.016 (0.24) |
0.015 (0.25) |
-0.012 (-0.24) |
Note: the above figures are the parameter differences across models and
the numbers in parentheses are t-statistics.
Table 8: Wald Tests for ρ
|
P = 1 |
ρ = 0.33 | |
|
USA |
3.15 |
28.3* |
|
CAN |
0.005 |
0.26 |
|
GBR |
2.73 |
0.42 |
|
FRA |
0.34 |
0.70 |
|
DEU |
0.54 |
0.46 |
|
ITA |
0.37 |
5.27** |
|
JPN |
3.54 |
1.48 |
Note: the ab ove tests are distributed
χ2 (1). The critical values at the 1
and 5% levels are 6.63 and 3.84
respectively.
24
More intriguing information
1. A parametric approach to the estimation of cointegration vectors in panel data2. From Aurora Borealis to Carpathians. Searching the Road to Regional and Rural Development
3. HEDONIC PRICES IN THE MALTING BARLEY MARKET
4. Draft of paper published in:
5. Placentophagia in Nonpregnant Nulliparous Mice: A Genetic Investigation1
6. TWENTY-FIVE YEARS OF RESEARCH ON WOMEN FARMERS IN AFRICA: LESSONS AND IMPLICATIONS FOR AGRICULTURAL RESEARCH INSTITUTIONS; WITH AN ANNOTATED BIBLIOGRAPHY
7. GROWTH, UNEMPLOYMENT AND THE WAGE SETTING PROCESS.
8. Demographic Features, Beliefs And Socio-Psychological Impact Of Acne Vulgaris Among Its Sufferers In Two Towns In Nigeria
9. The name is absent
10. The Role of Immigration in Sustaining the Social Security System: A Political Economy Approach