Composition of public investment and economic growth: evidence from Turkish provinces, 1975-2001
https://doi.org/10.3326/pse.42.2.10 | Published online: June 5, 2018 Table 1
Descriptive statistics
^{† }The summary statistics are expressed in decimal numbers. Thus, “0.018” should be read as “1.8%”.^{ɫ }Obs.: The number of observations; N: the number of observations in the sample; n: the number of panels (provinces) in the sample; T: the number of time periods (years) in the sample.Table 2
Pairwise correlation matrix for the variables
Table 3
Composition of public investment and economic growth: random-effects technique-standard errors corrected for heteroscedasticity and serial correlation
^{†} The coefficients show the effect of a one-unit change in the value of an indicator on the dependent variable. The values of the variables are expressed in decimal numbers in table 1. This means that a unit change in table 3 corresponds to a 100% change in the shares of public investment.^{††}The results for year dummies are not reported in the table for conciseness.^{††† }VIF: Variance Inflation Factor.Table 4
Composition of public investment and economic growth: pooled OLS technique-standard errors corrected for heteroscedasticity, and serial correlation both within and between panels
Standard errors in parentheses, * significant at 5%; ** significant at 1%.^{†} The coefficients show the effect of a one-unit change in the value of an indicator on the dependent variable. The values of the variables are expressed in decimal numbers in table 1. This means that a unit change in table 4 corresponds to a 100% change in the shares of public investment.^{††}The results for year dummies are not reported in the table for conciseness.^{†††} VIF: Variance Inflation Factor.Table 1 Descriptive statistics DISPLAY Table Table 2 Pairwise correlation matrix for the variables DISPLAY Table Table 3 Composition of public investment and economic growth: random-effects technique-standard errors corrected for heteroscedasticity and serial correlation DISPLAY Table Table 4 Composition of public investment and economic growth: pooled OLS technique-standard errors corrected for heteroscedasticity, and serial correlation both within and between panels DISPLAY Table |
June, 2018II/2018 |