Table 6.
Variables | Ln(ArtifArea) | Ln(Scatt) | |||||
---|---|---|---|---|---|---|---|
(1) | (2) | (3) | (4) | (5) | (6) | (7) | |
Changes in variables (percent) | Estimated parameter | Impact on ArtifArea | Contribution (percent) | Estimated parameter | Impact on Scatt | Contribution (percent) | |
Ln(POP) | 5.36 | 0.170 | 0.911 | 4.96 | −0.237 | −1.27 | 14.00 |
Ln(GDPcap) | 68.00 | 0.210 | 14.28 | 77.60 | −0.035 | −2.38 | 26.24 |
Residual | 17.44 | 59.76 | |||||
ArtifArea | 18.40 | 100 | |||||
Scatt | −9.07 | 100 |
Notes: aThe decomposition analysis follows three steps. First, the percentage change of each variable between 1990 and 2000 is calculated (column 1). Then column 1 is multiplied by parameters estimated for each index (columns 2 and 5) to obtain the impact of each time-varying variable on both indices, respectively (columns 3 and 6). Finally, the impact of each variable is divided by the percentage change in ArtifArea (18.4%) and Scatt (−9.07%) to obtain the contribution of each variable to changes in ArtifArea (column 4) and Scatt (column 7).