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Long-run elasticities
| Variables | Number of significant estimates | LR-elasticity estimate range | Mean LR-elasticity |
|---|---|---|---|
| lnHE_priv → lnLE | 7 | [− 0.0607, 0.0560] | 0.0229 |
| lnHE_pub → lnLE | 11 | [0.00144, 0.248] | 0.0364 |
| lnHE_priv → lnIM | 5 | [− 1.333, 0.50] | − 0.0833 |
| lnHE_pub → lnIM | 11 | [− 0.6435, 0.0759] | − 0.2231 |
