Log of real GDP as dependent variable

Coefficient

Standard Error

Constant

0.957***

0.182

Log of merchandised exports per capita

0.139***

0.018

Log of natural resource rents per capita

0.081***

0.015

Log of lagged value of natural resource rents per capita

−0.060***

0 .015

Log of lagged value of merchandised exports per capita

0.002

0.020

log of lagged value of real GDP per capita)

0.740***

0.036

R2 = 0.93; F-statistics = 270***