Table 6 Telephones
From: Estimating the contribution of infrastructure to national productivity in Europe
Main | Human capital | Tax | Trade | |
|---|---|---|---|---|
Investment | 0.2733 | 0.3411 | 0.2615 | 0.1939 |
Population growth | −0.5522 | −0.8906 | 0.1483 | −0.8947 |
Human capital | - | 0.1377 | - | - |
Trend | 0.016 | 0.0176 | 0.0166 | 0.0129 |
AT (Under-investing) | 0.0625*** +++ (30) | 0.1243*** ++ (15) | 0.0703*** +++ (30) | 0.0406** +++ (30) |
BE (Under-investing) | 0.1941*** ++ (15) | 0.1899*** ++ (15) | 0.1700** ++ (15) | 0.0278 ++ (15) |
BG | 0.3333*** (15) | 0.1581 + (10) | 0.3355*** (15) | 0.3344*** (15) |
CH (Under-investing) | 0.0607** +++ (30) | 0.0570** ++ (14) | 0.0675** ++ (20) | −0.0024 +++ (30) |
CY | 0.2161* ++ (15) | 0.1616 +++ (11) | 0.0770 + (15) | 0.1061 +++ (15) |
CZ | −0.0172 (17) | 0.0748 ++ (12) | −0.0544 + (15) | −0.0203 (17) |
DE (Under-investing) | 0.0631** +++ (19) | 0.0585** +++ (18) | 0.0640*** +++ (19) | 0.0347 +++ (19) |
DK | 0.0260 (30) | 0.0794 ++ (18) | 0.0678* ++ (15) | 0.0806* (30) |
EE | 0.0153* (17) | 0.1570 (12) | −0.0196 (15) | 0.0194** ++ (17) |
EL | −0.0696 (10) | 0.1138 (10) | 0.0110 (10) | −0.0981 (10) |
ES (Under-investing) | 0.1211*** (30) | 0.0911*** ++ (18) | 0.1009*** +++ (15) | 0.0599*** +++ (30) |
FI | −0.0688 + (30) | −0.3648* + (15) | −0.1013 ++ (30) | −0.1912*** + (30) |
FR | 0.1646*** (18) | 0.1333** (17) | 0.0747** +++ (18) | −0.0007 ++ (18) |
HU | 0.1931* (15) | 0.2255* (13) | 0.1569 (15) | 0.2048* (15) |
IE (Under-investing) | 0.3916*** ++ (15) | 0.3870*** ++ (15) | 0.3664*** +++ (15) | 0.4643*** ++ (15) |
IT | 0.1643*** (20) | 0.1164** + (18) | 0.1687*** (20) | 0.1068*** (20) |
LT | 0.1889** + (15) | 0.0684 +++ (12) | 0.0423 (15) | 0.1794* ++ (15) |
LU | 0.1741** + (15) | 0.2179* + (15) | 0.2050*** (15) | 0.0743 + (15) |
LV | 0.2664 ++ (15) | −0.2863 +++ (12) | 0.4673** +++ (15) | 0.3615* ++ (15) |
MT | −0.2222* + (10) | −0.2293* + (10) | −0.2523 + (10) | −0.1609 (10) |
NL (Under-investing) | 0.0833*** +++ (30) | 0.0608** + (14) | 0.0859*** ++ (15) | −0.0340 +++ (30) |
NO (Under-investing) | 0.2177*** +++ (30) | 0.1399** +++ (14) | 0.1428*** +++ (15) | 0.1916*** +++ (30) |
PL | −0.0093 ++ (15) | 0.0076 +++ (13) | 0.0041 +++ (15) | −0.0295* ++ (15) |
PT | 0.0711 ++ (15) | 0.0763 ++ (15) | 0.1001* ++ (15) | 0.1062** ++ (15) |
RO | 0.1691 (14) | 0.0505 + (13) | 0.0911 (14) | 0.5165** (14) |
SE | 0.2097*** + (30) | 0.1695 (15) | 0.2414* (17) | 0.2128*** + (30) |
SI | −0.0376*** + (20) | −0.0288 + (14) | −0.0062 ++ (18) | 0.0056 ++ (20) |
SK | 0.0004 ++ (18) | −0.0593 +++ (12) | −0.0061 ++ (17) | −0.0000 ++ (18) |
UK | 0.0080 + (30) | 0.2146** (18) | 0.1363** (20) | −0.0232 + (30) |
Error-correction term | −0.7577 | −1.3025 | −1.1068 | −0.9670 |
Adjusted R2 (long-run) | 0.966 | 0.964 | 0.966 | 0.972 |
Adjusted R2 (short-run) | 0.665 | 0.767 | 0.723 | 0.755 |
F-statistic (long-run) | 460.9 | 200.7 | 339.5 | 629.2 |
F-statistic (short-run) | 13.3 | 17.6 | 14.9 | 22.7 |