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Table 2 Error correction model results of real GDP, short-run coefficients estimated by country

From: The effect of a positive policy integration on agriculture and climate change adaptation in ECOWAS

 

Agriculture

Industry

Services

Error correction term

R squared

F test

Benin

0.600978***

(0.111317)

1.49446*** (0.070427)

1.206417***

(0.066422)

−0.5261***

(0.171373)

0.99216

1075.701***

Burkina Faso

1.171238***

(0.033527)

1.05896***

(0.041646)

1.054718***

(0.038235)

−1.00628***

(0.166046)

0.995237

1775.94***

Cote d’Ivoire

1.00000***

(6.80E−08)

1.00000***

(9.41E−08)

1.00000***

(3.59E−08)

−0.94030***

(0.171726)

0.99999

8.35E+14***

Cabo Verde

1.003347***

(0.065481)

1.00555***

(0.030617)

0.886433***

(0.009386)

−1.11332**

(0.486308)

0.999371

11,515.93***

Ghana

0.961576***

(0.132024)

1.07354***

(0.099189)

1.11465***

(0.082086)

−0.57999***

(0.187000)

0.990911

872.2129***

Guinea

1.046209***

(0.227180)

1.17968***

(0.159409)

0.860847***

(0.104300)

−0.95456***

(0.208105)

0.947193

103.1378***

Gambia, The

1.045206***

(0.068999)

9.80E−01***

(0.121522)

1.020219***

(0.047894)

−0.19033***

(0.079491)

0.988394

723.8797***

Guinea-Bissau

1.129538***

(0.094447)

0.60812***

(0.274911)

1.017329***

(0.072271)

−0.46826**

(0.332405)

0.970789

282.4852***

Liberia

0.997928***

(0.015400)

0.88025***

(0.023879)

1.04945***

(0.013750)

−0.6725***

(0.149931)

0.998865

7482.011***

Mali

1.167569***

(0.048359)

1.16053***

(0.104115)

1.03952***

(0.057687)

−0.5425***

(0.173770)

0.991314

970.1084***

Niger

1.002324***

(0.001850)

0.98680***

(0.003986)

1.003035***

(0.002141)

−1.50969***

(0.001850)

0.999963

0.284307

231,016.5***

Nigeria

1.050634***

(0.019805)

0.97755***

(0.009682)

1.016443***

(0.004211)

−0.34036***

(0.083427)

0.99992

87,441.37***

Senegal

0.890388***

(0.096170)

1.76797***

(0.207619)

0.964841***

(0.087333)

−0.32172**

(0.125023)

0.991772

1024.506***

Sierra Leone

0.959042***

(0.033379)

1.01593***

(0.024373)

1.164487***

(0.039337)

−0.61992***

(0.153658)

0.997157

2981.036***

Togo

1.0000***

(4.04E−08)

1.00001***

(1.09E−07)

1.00001***

(2.70E−08)

−1.09058***

(0.170111)

0.99998

9.14E+14***

  1. *** significant at 1%, ** significant at 5%, standard errors in parentheses
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Agriculture & Food Security

ISSN: 2048-7010