. 2020 May 15;86(6):2607–2638. doi: 10.1007/s10708-020-10215-2

Table 7.

Results of Dynamic Fixed and Random-effects MLE (spatial weight: contiguity)

VARIABLES	Temporal SDM-FE (1)	Temporal SDM-FE (2)	Temporal SDM-RE (3)	Temporal SDM-RE (4)
lnGini	− 0.474**	− 0.472**	− 0.457**	− 0.434**
	(0.199)	(0.199)	(0.184)	(0.184)
lnlag1TFP	0.270***	0.270***	0.301***	0.298***
	(0.0297)	(0.0298)	(0.0287)	(0.0288)
lnTrade	–	0.0260	–	0.0193*
		(0.0167)		(0.0107)
lnHIV/AIDS	–	− 0.00365	–	− 0.0221
		(0.0191)		(0.0137)
lnEDUCAT	–	0.0473	–	0.00298
		(0.0288)		(0.0139)
W * lnGini ( $θ_{2}$ )	0.310***	0.223***	0.401***	0.370***
	(0.0252)	(0.0258)	(0.187)	(0.226)
W * lnlag1TFP ( $θ_{1}$ )	0.356***	0.342***	0.327***	0.323***
	(0.055)	(0.055)	(0.054)	(0.054)
W * lnTFP $(ρ)$	0.249***	0.235***	0.238***	0.231***
	(0.047)	(0.047)	(0.046)	(0.046)
Observations	1092	1092	1092	1092
Number of groups	52	52	52	52
Pseudo R²	0.309	0.313	0.308	0.313
Model selection tests
Log likelihood	-850.60	-848.08	-880	-878.24
AIC	1713.21	1714.16	1775.59	1776.485
SBIC	1743.18	1759.12	1810.56	1826.44
Wald χ2 model sign	488.92	495.85	529.91	537.26
Wald test spatial term	171.66	142.90	159.96	148.37
$σ_{e}^{2}$	[0.000]	[0.000]	[0.000]	[0.000]
F-test joint sign	–	5.06	–	7.11*
		[0.167]		[0.068]
Hausman test (χ2)		16.09***
SDM-FE (2) v/s SDM- RE (4)	52	[0.006]

Standard errors in (), ***p < 0.01, **p < 0.05, *p < 0.1, P-values in [], Hausman test $H_{0}$ : Temporal SDM-RE is consistent