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Table 5 Results of the Panel Data Regressions

From: Jobless growth: empirical evidences from the Middle East and North Africa regionWachstum ohne Beschäftigung – empirische Evidenz aus Nahost und Nordafrika

Method

Model

Θ Region

R2

N

Panel SUR

Difference

−0.015**

(−6.07)

0.15

448

GAP (HP)

−0.063**

(−5.35)

0.16

463

GAP (BK)

−0.010**

(−4.98)

0.09

395

GAP (QT)

−0.079**

(−7.52)

0.17

463

  1. Θ Region represents the slope that measures the total effects of \(Y^{*}\) on \(U^{*}\) HP, BK and QT refer to Hodrick-Prescott, the Baxter and King and the quadratic trend filters
  2. ** indicates 99 % confidence levels respectively