lnMGDP to lnGDP | lnINV to lnGDP | lnGDP to lnMGDP | |||||||
---|---|---|---|---|---|---|---|---|---|
Lineara | Non Linearb | Lineara | Non Linearb | Lineara | Non Linearb | ||||
Raw data | Raw data | Resid. VAR | Raw data | Raw data | Resid. VAR | Raw data | Raw data | Resid. VAR | |
Argentina | 7.8* | −0.44 | 1.98** | 12.2*** | 0.50 | −1.13 | 24.3*** | 1.14 | 0.81 |
Bolivia | 0.49 | 2.03** | −0.37 | 0.9 | 0.63 | 0.43 | 0.81 | 0.44 | −0.57 |
Brazil | 13.2*** | −0.43 | 1.75** | 47.9*** | −0.62 | 1.26* | 3.3 | −0.30 | 0.99 |
Chile | 58.2*** | 1.65** | 1.03 | 78.0*** | −0.23 | 0.31 | 97.4*** | −1.12 | −0.02 |
Colombia | 3.9 | −0.33 | 0.67 | 2.5 | 0.31 | −0.33 | 3.4 | −0.80 | −0.57 |
Dominician Republic | 4.9 | 1.37* | 0.65 | 11.5** | 1.67** | −0.47 | 0.72 | −0.29 | 0.72 |
Ecuador | 1.6 | 0.21 | 0.24 | 0.27 | −0.72 | 0.36 | 1.0 | −0.43 | 0.18 |
El Salvador | 2.0 | 1.74** | 0.51 | 3.0 | 1.50* | 1.03 | 2.1 | 1.27* | 1.10 |
Guatemala | 17.0*** | −0.77 | −0.19 | 18.3*** | 1.32* | −1.24 | 11.4*** | 1.14 | 0.05 |
Mexico | 11.7*** | −0.28 | 0.62 | 19.5*** | −0.39 | −0.01 | 0.91 | 0.21 | −0.02 |
Paraguay | 0.78 | 0.85 | −2.11 | – | – | – | 6.0** | 1.87** | 0.26 |
Peru | 0.00 | −0.06 | 0.89 | 0.00 | −1.14 | 0.36 | 0.00 | −0.09 | −0.68 |
Venezuela | 2.5* | −1.28 | −1.10 | 1.8 | 0.05 | −0.40 | 0.00 | −0.39 | −0.55 |
lnINV to lnMGDP | lnGDP to lnINV | lnMGDP to lnINV | |||||||
---|---|---|---|---|---|---|---|---|---|
Lineara | Non Linearb | Lineara | Non Linearb | Lineara | Non Linearb | ||||
Raw data | Raw data | Resid. VAR | Raw data | Raw data | Resid. VAR | Raw data | Raw data | Resid. VAR | |
Argentina | 30.9*** | 1.26* | −.019 | 1.6 | −0.00 | −0.62 | 1.1 | −0.09 | −0.68 |
Bolivia | 3.9 | 0.56 | 0.63 | 1.3 | 1.46* | −1.24 | 1.2 | 1.01 | 0.05 |
Brazil | 2.9 | 0.87 | 1.77** | 57.4*** | −0.00 | 1.97** | 59.7*** | 0.05 | 1.34* |
Chile | 59.3*** | 0.60 | −0.40 | 2.7 | 0.68 | 0.31 | 5.6 | 1.35* | 1.05 |
Colombia | 4.6 | 0.35 | 0.20 | 1.2 | −0.67 | 0.32 | 1.0 | 1.25* | 0.89 |
Dominician Republic | 0.69 | 0.18 | −0.68 | 30.5*** | 0.22 | 0.78 | 66.0*** | −0.04 | 1.02 |
Ecuador | 0.06 | 0.56 | 0.06 | 0.79 | −0.30 | −1.41 | 6.6*** | −0.04 | −0.08 |
El Salvador | 1.1 | −0.14 | −0.57 | 7.2* | 1.76** | 1.35* | 3.0 | 1.09 | −0.14 |
Guatemala | 12.9*** | −0.12 | 0.67 | 10.8*** | 0.12 | −0.47 | 25.9*** | 0.39 | 0.06 |
Mexico | 0.52 | 0.52 | −0.41 | 25.2*** | 0.04 | 0.46 | 12.6*** | 0.57 | 0.77 |
Paraguay | – | – | – | – | – | – | – | – | – |
Peru | 0.05 | 1.40* | 0.70 | 0.42 | 1.42* | −0.87 | 1.2 | 1.10 | 1.24* |
Venezuela | 0.01 | 0.52 | −0.04 | 0.00 | −0.25 | 0.95 | 1.9 | 1.45* | −0.13 |