Econometric Modelling of the Variations of Norway’s Export Trade across Continents and over Time: The Two-Stage Non-Full Rank Hierarchical Linear Econometric Model Approach
Table 7
Structural change analysis.
Items of export
Continents as a source of variations
Estimates of the mean revenue of export (in 100 million NOK)
SS
DF
-cal.
value
Export since 1993, (40,760) = 120.02, value = 0.0000, MSE = 153258.57
Exports excluding ships and oil platforms
Europe
4,555.568
415063996.05
1
2708.260
Export of crude oil
Europe
1,850.750
68505474.24
1
446.993
Mainland exports
Europe
1,755.907
61664152.73
1
402.354
Exports of natural gas
Europe
908.180
16495818.25
1
107.634
Exports excluding ships and oil platforms
North and Central America
537.207
5771816.47
1
37.661
Exports excluding ships and oil platforms
Asia and Oceania
341.293
2329611.41
1
15.201
Mainland exports
Asia and Oceania
310.369
1926578.32
1
12.571
Export of crude oil
North and Central America
282.872
1600325.71
1
10.442
Mainland exports
North and Central America
234.115
1096196.67
1
7.153
Export since 1998, (40,560) = 93.74, value = 0.0000, MSE = 122481.48
Exports excluding ships and oil platforms
Europe
5,334.832
426906487
1
3485.478
Export of crude oil
Europe
2,163.410
70205142.42
1
573.190
Mainland exports
Europe
1,968.007
58095871.68
1
474.324
Exports of natural gas
Europe
1,149.104
19806600.04
1
161.711
Exports excluding ships and oil platforms
North and Central America
618.592
5739840.937
1
46.863
Exports excluding ships and oil platforms
Asia and Oceania
401.955
2423521.35
1
19.787
Mainland exports
Asia and Oceania
365.591
2004855.345
1
16.369
Export of crude oil
North and Central America
318.689
1523436.994
1
12.438
Mainland exports
North and Central America
272.943
1117470.948
1
9.124
Export since 2003, (40,360) = 194.56, value = 0.0000, MSE = 69362.00
Exports excluding ships and oil platforms
Europe
6,286.029
395141605.89
1
5696.819
Export of crude oil
Europe
2,525.006
63756553.00
1
919.188
Mainland exports
Europe
2,187.517
47852306
1
689.894
Exports of natural gas
Europe
1,502.671
22580201
1
325.542
Exports excluding ships and oil platforms
North and Central America
649.428
4217567
1
60.805
Exports excluding ships and oil platforms
Asia and Oceania
473.716
2244068
1
32.353
Mainland exports
Asia and Oceania
439.542
1931972
1
27.853
Mainland exports
North and Central America
311.067
967626.8
1
13.950
Export of crude oil
North and Central America
302.299
913846.9
1
13.175
Export since 2008, (40,160) = 284.74 value = 0.0000, MSE = 30759.70
