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*** |
|