A Systems View Across Time and Space
Table 8 Difference GMM estimation results
From: The effect of the national brand on high-tech exports in selected countries
Dependent variable = LHTE | Independent variable | ||
|---|---|---|---|
Explanatory variables | Coefficient | T-Statistic | P value |
LHTE(-1) | 0.386** | 2.90 | 0.007 |
LNB | 0.278** | 2.89 | 0.007 |
LRER | 0.595* | 4.263 | 0.000 |
LINF | − 0.038** | − 2.485 | 0.019 |
LOPEN | 0.184** | 2.019 | 0.053 |
LFDI | − 0.01 | − 0.370 | 0.713 |
Sargan test statistic (p value) | 0.13 | ||
AR(1) | 0.049 | ||
AR(2) | 0.996 | ||
Number of Observation | 60 | ||
Number of groups | 12 | ||