Intra-Industry Trade in Machinery and Transport Equipment: Malaysia and its Trading Partners
Table 3:
VARIABLES | POOL | FIXED | RANDOM |
Constant | 1.1500(7.8207) | 0.8566(4.2077) | 1.0115(6.1100) |
DGDP | -1.221*(-9.3359) | -1.3391*(-2.8484) | -1.2635*(-4.4058) |
LFDI | 0.0017(0.1064) | -0.0227(-1.5130) | -0.0086(-0.6130) |
LDIST | -0.0474*(-4.4092) | 0.1112*(3.3710) | 0.0147(0.6562) |
TECH | -0.0232(-1.5374) | -0.2641*(-3.9798) | -0.0913*(-2.5849) |
R2 | 0.305 | 0.5317 | 0.0987 |
Hausman test | p-value is lower than 5% level of significance (p<0.005), (p = 0.0008) |