Research Article
The Long-Run Dynamic of the Nexus between Military Strength and National Power: An Econometric Analysis
Table 4
Collinearity diagnostics
and Wald tests. The columns in the table correspond to the Initial, Expanded, and Final models plus
the two intermediate models referred to as Temp1 and Temp2. In the body of the
table we can distinguish three segments separated by rows of blanks. In the first
segment we find vertical sequences of the symbols “” and
“—” that indicate
whether a given variable in the left stub is included in a given model. A second “x” in the columns corresponding to the Expanded, Temp1 and Temp2 models identifies
the variables tested for significance as a block by Wald tests. The collinearity
diagnostic CN, that stands for Condition Number, and Max(VIF), that stands for
Maximum Variance Inflation Factor are located in the second segment of Table 4 the results of the Wald tests are shown in the third segment.
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