Composition of public investment and economic growth: evidence from Turkish provinces, 19752001
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: randomeffects techniquestandard errors corrected for heteroscedasticity and serial correlation
^{†} The coefficients show the effect of a oneunit 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 techniquestandard errors corrected for heteroscedasticity, and serial correlation both within and between panels
^{†} The coefficients show the effect of a oneunit 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.
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