Table 3: Three Stage Least Squares Estimates of t |
ιe Effect of Export Tax Rebates | |||
PCompetitor= MAMS |
Pcompetitor = OMILDS | |||
Explanatory Variables_______ |
Estimated ______Coefficient |
_______T-Statistic |
Estimated ______Coefficient |
_______T-Statistic |
Equations 7.1 and 7.2 where dependent variable is PSantos4______________________________ | ||||
Constant_______ |
________-0.01 |
____________0.07 |
0.04 |
____________0.30 |
P Competitor__________ |
________0.92* |
___________13.29 |
0.95* |
____________8.88 |
Alpha_________ |
________0.42* |
____________7.24 |
0.52* |
____________6.71 |
Alpha1972-79 |
_______-0.50* |
____________3.43 |
-0.09 |
____________0.41 |
D1977____________ |
_________1.31* |
___________11.42 |
0.99* |
____________4.95 |
D1979____________ |
_______-0.35* |
____________4.34 |
-0.42* |
____________3.24 |
Relative Supply |
_______-0.45*** |
____________-1.93 |
-0.40 |
____________-1.09 |
Durbin-Watson |
____________2.14 |
_____________1.96 | ||
Adjusted R2 |
____________0.99 |
____________0.99 | ||
Equations 8.1 and 8.2 where dependent variable is PCompetitor____________________________ | ||||
Constant_______ |
________0.72* |
____________6.58 |
0.56* |
____________6.08 |
P Santos4_____________ |
________0.55* |
____________6.98 |
0.59* |
____________9.46 |
Alpha_________ |
________0.02 |
____________-0.19 |
-0.07 |
___________-0.76 |
Alpha1972-79 |
________0.31 |
_____________1.06 |
0.01 |
____________0.04 |
Relative Supply |
-1.62* |
____________-3.54 |
1.48* |
____________4.03 |
Durbin-Watson |
____________2.25 |
_____________1.91 | ||
Adjusted R2 |
____________0.83 |
____________0.87 | ||
Equations 9.1 and 9.2 where dependent variable is Alpha_______________________________ | ||||
Constant_______ |
0.72** |
____________2.03 |
0.61** |
____________2.37 |
P Santos4_____________ |
0.59* |
____________2.86 |
0.82* |
____________5.12 |
P Competitor__________ |
-1.04** |
____________-2.62 |
-1.31* |
___________-4.77 |
D1965-71___________ |
0.04 |
____________0.20 |
0.23 |
_____________1.40 |
D1972-79__________ |
0.08 |
____________0.30 |
0.30 |
_____________1.36 |
DAVISOS_________ |
0.23 |
_____________1.49 |
0.12 |
____________0.97 |
AR(1) |
0.83* |
____________7.02 |
0.84* |
____________7.62 |
Durbin-Watson |
____________2.03 |
_____________1.83 | ||
Adjusted R2 |
____________0.35 |
____________0.56 | ||
Equations 10.1 and 10.2 where dependent variable is Relative Supply | ||||
Constant_______ |
0.33* |
____________4.31 |
0.34* |
____________4.97 |
P Santos4_____________ |
0.25* |
____________2.87 |
0.33* |
____________4.03 |
P Competitor__________ |
-0.45* |
____________-3.93 |
-0.58* |
___________-5.42 |
Durbin-Watson |
____________2.36 |
____________2.08 | ||
Adjusted R2 |
____________0.13 |
____________-0.15 | ||
* ,**, and *** denotes significance at the 1%, 5% and 10% level, respectively.___________ |
32
More intriguing information
1. The name is absent2. The Mathematical Components of Engineering
3. Fiscal Insurance and Debt Management in OECD Economies
4. IMMIGRATION POLICY AND THE AGRICULTURAL LABOR MARKET: THE EFFECT ON JOB DURATION
5. Expectation Formation and Endogenous Fluctuations in Aggregate Demand
6. How to do things without words: Infants, utterance-activity and distributed cognition.
7. THE CHANGING RELATIONSHIP BETWEEN FEDERAL, STATE AND LOCAL GOVERNMENTS
8. The name is absent
9. On Social and Market Sanctions in Deterring non Compliance in Pollution Standards
10. MANAGEMENT PRACTICES ON VIRGINIA DAIRY FARMS