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^***