SFA applied to TM and POLC with an INDIVIDUAL perspective. No. observations = 853, No. groups = 128, non-significant μ (average inefficiency) = −1.159, non-significant η (increasing inefficiency) = −0.996, σu2 (similarity between countries) = 0.234, σv2 (similarity between countries over time) = 0.379. Bold = significant at 95%. CONS = estimated constant.
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SFA applied to TM and POLC with an INDIVIDUAL perspective. No. observations = 853, No. groups = 128, non-significant μ (average inefficiency) = −1.159, non-significant η (increasing inefficiency) = −0.996, σu2 (similarity between countries) = 0.234, σv2 (similarity between countries over time) = 0.379. Bold = significant at 95%. CONS = estimated constant.
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2025-11-06
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