A Systems View Across Time and Space
Table 9 System GMM estimation results (robustness test)
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) | 0.486* | 3.10 | 0.000 |
LNB | 0.107* | 3.68 | 0.000 |
LRER | 0.131** | 2.37 | 0.020 |
LINF | − 0.037* | − 6.535 | 0.000 |
LOPEN | 0.103** | 4.127 | 0.000 |
LFDI | 0.050* | 3.789 | 0.000 |
Difference Sargan test statistic (p value) | 0.22 | ||
AR(1) | – | ||
AR(2) | – | ||
Number of Observation | 76 | ||
Number of groups | 12 | ||
Number of instruments | 9 | ||