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Table 9 Panel Analysis of FMOLS and PDOLS

From: Effects of financial development and capital accumulation on labor productivity in sub-Saharan Africa: new insight from cross sectional autoregressive lag approach

Variables

Model

FMOLS

 FD

0.0150**

 FI

0.0001***

 FM

0.0012***

 LNCAPTA

2.6100***

PDOLS

 FD

0.0094

 FI

 − 0.0002***

 FM

0.0001***

 LNCAPTA

8.0600***

  1. ***; **Means the rejection of null at 5% and 10% significance level respectively