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Table 7 Estimated results for parsimonious model of DLMVA

From: Effects of industrialization on Tanzania’s economic growth: a case of manufacturing sector

Included observation = 38

Dependent variable: DLMVA

Variable

Coefficient

Standard error

t-statistic

Prob

DLMVA_1

0.3701201

0.1652655

2.24

0.032**

DLFDI

0.0217918

0.0114891

1.90

0.067*

DLXRT

−0.9437638

0.2421889

−3.90

0.000***

DLXRT_1

0.6852111

0.2458262

2.79

0.009***

DLNDC

0.1354041

0.1050987

1.29

0.027**

ECT_1

−0.2722977

0.1299611

−2.10

0.044**

_CONS

0.0294553

0.0302243

0.97

0.337

R-Squared

0.4278

   

Adj. R-Squared

0.3170

   

Sum Squared Residual

0.6023

   

F-test (Prob.)

0.0023

   
  1. *, ** and, *** indicate statistical significance levels at 10, 5 and 1 percent respectively