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Hausman test result
| Variables | Coefficients | Standard errors | |
|---|---|---|---|
|
(b) Mean group (MG) |
(B) Pooled mean group (PMG) | ||
| ECON | − 0.207 | 0.009 | 0.207 |
| GDP | − 0.159 | 0.012 | 0.276 |
| GDPSQ | 0.014 | − 0.0001 | 0.013 |
| Chi2 | 4.08 | ||
| Prob chi2 | 0.253 | ||
b Consistent under Ho and Ha; B Inconsistent under Ha, efficient under Ho
