Applications of Robust Regression Techniques: An Econometric Approach

Table 2

Regression estimates (analysis of economic growth of Pakistan).

Var.	LS				Robust
	Coeff.	S.E	t-val.	val.	Coeff.	S.E	t-val.	val.
Const.	3.5050	0.2358	14.8610	0.0000	3.2338	0.1029	31.428	0.0000
Log (FDIt)	0.0409	0.0445	0.9188	0.3641	0.1044	0.0173	6.038	0.0000
Log (PGt)	−0.4112	0.3854	3.6617	0.0008	−0.7934	0.1155	6.866	0.0000
Log (GSt)	0.1286	0.1454	0.8850	0.3819	0.0770	0.0642	1.199	0.2400
	R^2: 0.8108		Adj. R^2: 0.7955		R^2: 0.9336		Adj. R^2: 0.927
	F-statistic: 52.87				F-statistic: 140.70
	Residual standard error: 0.0489				Residual standard error: 0.0249

Note. represents the level of significance at the 1% level.