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In the next section, I apply the LL, IPS, SUR, and MADF tests to panels of international real GDP and real GDP per capita data.
Table 3 reports unit root tests results for three different panels using the LL, IPS, SUR, and MADF panel tests outlined in section 2.
The results reported in Table 3 show that the unit root null hypothesis cannot be rejected for any of the three panels using the LL, IPS, SUR, and MADF panel tests and k 0, 1, 2, 3.
The MADF test also fails to reject the nonstationary null hypothesis for 10 of the 12 cases considered; the null hypothesis is rejected at the 5% level for the full and non-North American panels only when k = 4.
For the MADF test, there is only one rejection (the G7 panel at the 10% level when k = 1).
The dependent variable METH in the empirical model is dichotomous, taking the value 0 if the market is served by DIF and 1 if served by MADF. Only the actual organisational form used in a particular entry is observed from the data set.
The reported coefficients for these explanatory variables best estimate, overall, the probability that the respondent firm would use MADF as opposed to DIF to develop a particular market.
The UAE participants in the meeting were Abdulrahman Al Ghurair, Chairman of Dubai Chamber and First Deputy chairman of the Council, Ahmed Mohammed Al Madf, Chairman of Sharjah Chamber of Commerce and Industry and Council's Second Vice-Chairman, Mohammed Thani Al Rumaithi, Chairman of the Abu Dhabi Chamber, Mohamed Hassan Al Qemzi, CEO of the Higher Corporation for Specialized Economic Zones, Fahad Saeed Al Raqbani, Director General of the Abu Dhabi Council for Economic Development, Dr.
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- Madera Coalition for Community Justice
- Madera County
- Madera County, CA
- Madera County, California
- Maderna, Bruno
- Maderniek, Iulii
- Maderniek, Iulii Ernestovich
- Maderno, Carlo
- Madero Francisco Indalecio
- Madero, Francisco Indalecio
- Madero, Tamaulipas
- madeup stories
- madeup story
- MadFest Juggling Festival
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- Madhavpura Mercantile Cooperative Bank
- Madheshi Janaadhikar Forum
- Madhesi Jana Adhikar Forum
- Madhesi People's Right Forum
- Madhist revolt
- Madhist revolt