Economics Research International

Research Article

Nonlinearity of the Relationship between Human Capital and Exportation in Brazil

Table 2

Fixed and random effect models—exportation is the dependent variable.


Variables and parameters¹ (1)	Fixed (fe) (2)	Random (re) (3)







Constant	−14.00	−11.68
	0.77	0.78
corr()		—


		—

	324	324

Source: estimated by the authors.
*Indicates level of significance equals to 1%; **indicates level of significance of 5%; ***indicates level of significance of 10%. Values in brackets are the standard deviations. ¹Estimations done using STATA 10.