Δ (lgdpit)

Coefficient

Standard Error

Constant

0.019**

0.009

Δ (log of merchandised exports per capita)

0.051***

0.013

Δ (log of natural resource rents per capita)

0.058***

0.011

Δ (log of lagged value of natural resource rents per capita)

−0.038***

0.011

Δ (log of lagged value of merchandised exports per capita)

0.027**

0.014

Δ (log of lagged value of real GDP per capita)

0.267***

0.071

Error correction term at lag 1

−0.189***

0.055

R2 = 0.1811

F-statistics = 11.39***