Empirical Evidence of Economic Bipolarization in Africa

Table 3

The regression results.

					Number of obs 28
					𝐹(8,19)=11.47
					Prob>𝐹=0.0000
					R-squared = 0.8285
					Adj R-squared = 0.7562
					Root MSE =  .00257
Global Index	Coefficient	Std. Err.	𝑡	𝑃>𝑡	[95% Conf. Interval]
APt	.0191079	.0107039	1.79	0.090	−.0032957	.0415115
APt-1	.0221343	.0119727	1.85	0.080	−.0029248	.0471935
MPt	−.0004123	.0002735	−1.51	0.148	−.0009847	.0001601
MPt-1	−.0005428	.0002287	−2.37	0.028	−.0010215	−.0000641
IPt	.0039797	.0026686	1.49	0.152	−.0016056	.0095651
IPt-1	.0033498	.0024202	1.38	0.182	−.0017157	.0084153
SPt	−.0085642	.0066832	−1.28	0.215	−.0225523	.0054239
SPt-1	−.0156726	.0069218	−2.26	0.035	−.0301602	−.0011851
Constant	.0644817	.0220747	2.92	0.009	.0182788	.1106846