November 1998                                          SCSB# 390

TRADE, POLICY, AND COMPETITION:
FORCES SHAPING AMERICAN AGRICULTURE PROCEEDINGS

TABLE 8.4. REGRESSION RESULTS TO EXPLAIN U.S. EXPORTS TO CANADA
Model 2: U.S. Exports, Including Canadian Affiliate Sales (1982-1993)
Variables Estimate S.E. t-ratio prob>|t|
Intercept 6356.68 1119.01 5.681 0.0001
GDP -8.95 1.87 -4.774 0.0001
XPRICE -26.68 4.73 -5.637 0.0001
DUMMY 551.07 294.85 1.869 0.0642
SALES 0.71 0.15 4.669 0.0001
 Adjusted R2 = 0.98
DW = 1.754
Degrees of Freedom = 112
DL = 1.584
DU = 1.665 @ 1% level

Where previous definitions hold and
SALES = Sales of Canadian affiliates of U.S. corporations.

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