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Table 4 Long-run estimation results

From: Toward a sustainable growth path in Arab economies: an extension of classical growth model

Countries

 

Lnexp

lnsav

lnlab

Lncrd

Algeria

AMG

0.218

0.219

0.843*

− 0.131

 

CCEMG

0.427

− 0.154

0.581***

− 0.149

Bahrain

AMG

− 0.150***

− 0.098

0.283**

− 0.526*

 

CCEMG

0.036

0.007

0.492***

− 0.290

Egypt

AMG

− 0.731*

0.163*

0.154

− 0.170

 

CCEMG

− 0.232

0.153*

− 1.007**

− 0.132

Iraq

AMG

0.020

− 0.064**

0.054

0.080

 

CCEMG

− 0.490***

− 0.062

− 0.074

− 0.200

Kuwait

AMG

− 2.279*

1.307*

0.419**

− 0.828*

 

CCEMG

− 1.326*

0.552**

0.170

− 0.589*

Lebanon

AMG

− 0.385**

− 0.023

− 0.058

− 0.413

 

CCEMG

− 0.389**

0.022

− 1.016

− 0.816

Libya

AMG

− 0.679*

− 0.196

− 0.927

− 0.899*

 

CCEMG

− 0.537

− 0.131

− 0.568

− 0.877*

Morocco

AMG

− 0.354

0.565

− 0.011

− 0.279

 

CCEMG

0.184

0.115

− 0.023

− 0.055

Tunisia

AMG

− 0.268*

0.076

− 0.710*

− 0.168

 

CCEMG

− 0.227***

0.162***

− 0.391

− 0.028

Saudi Arabia

AMG

− 0.291

0.513***

− 0.787

0.083

 

CCEMG

0.040

0.595

− 0.714

0.126

Jordan

AMG

− 2.162*

0.196

− 0.954***

− 0.383*

 

CCEMG

− 0.419***

0.098

0.799**

0.053

Panel

AMG

− 0.334**

0.158

− 0.151

− 0.291**

 

CCEMG

− 0.224***

0.038

− 0.160

− 0.178

  1. *, **, and ***Indicate the rejection of the null hypothesis at 1%, 5%, and 10% significance levels, respectively