Variable | Coefficient | Estimates | SE | |t-ratio| | P >|t-ratio| |
---|---|---|---|---|---|
Constant | α0 | 2.57 | 0.46 | 5.63 | 0.00 |
lnPl | αl | 0.30 | 0.01 | 30.67 | 0.00 |
lnPe | αe | 0.02 | 0.002 | 9.10 | 0.00 |
lnPm | αM | 0.59 | 0.01 | 54.42 | 0.00 |
lnPs | αs | 0.17 | 0.16 | 1.07 | 0.29 |
lnY | αy | 0.46 | 0.28 | 1.65 | 0.01 |
lnK | βK | 0.40 | 0.31 | 1.30 | 0.19 |
t | αt | − 0.02 | 0.006 | − 3.58 | 0.00 |
tsqr | αtt | 0.001 | 0.0001 | 6.30 | 0.00 |
tln(Y/K) | ρty | 0.0003 | 0.008 | 0.05 | 0.96 |
tlnPl | ρtl | − 0.02 | 0.003 | − 6.27 | 0.00 |
tlnPe | ρte | 0.001 | 0.001 | 1.14 | 0.26 |
tlnPm | ρtm | 0.01 | 0.002 | 3.60 | 0.00 |
tlnPs | ρts | − 0.003 | 0.004 | 0.71 | 0.48 |
lnPlsqr | αll | 0.15 | 0.01 | 13.96 | 0.00 |
lnPesqr | αee | 0.01 | 0.001 | 10.55 | 0.00 |
lnPmsqr | αmm | 0.22 | 0.01 | 16.95 | 0.00 |
lnPssqr | αss | 0.05 | 0.01 | 6.35 | 0.00 |
lnPllnPe | ρle | − 0.01 | 0.002 | 6.81 | 0.00 |
lnPllnPm | ρlm | − 0.14 | 0.01 | 13.55 | 0.00 |
lnPllnPs | ρls | 0.02 | 0.01 | 2.83 | 0.01 |
lnPelnPm | ρem | − 0.002 | 0.002 | 1.16 | 0.25 |
lnPelnPS | ρes | 0.01 | 0.003 | 2.15 | 0.03 |
lnPmlnPS | ρms | − 0.08 | 0.01 | 12.09 | 0.00 |
ln(Y/K)lnPl | ρyl | − 0.04 | 0.01 | 2.90 | 0.00 |
ln(Y/K)lnPe | ρye | 0.01 | 0.003 | 0.50 | 0.62 |
ln(Y/K)lnPm | ρym | 0.02 | 0.02 | 1.14 | 0.25 |
Ln(Y/K)lnPs | ρys | − 1.77 | 0.85 | 2.07 | 0.04 |
Breusch–Pagan test of independence | Χ2(6) = 116.34 (P > χ2 = 0.00) | ||||
Wald Chi-square test for overall significance | Χ2(24) = 561,766.32, (P > χ2 = 0.00) |