November 1998                                          SCSB# 390

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

TABLE 8.7. REGRESSION RESULTS TO EXPLAIN CANADIAN EXPORTS TO U.S.
Model 2: Canadian Exports, Including U.S. Affiliate Sales (1982-1993)
Variables Estimate S.E. t-ratio prob>|t|
Intercept -279356 45817.9 -6.097 0.0001
GDP 318.11 97.20 3.273 0.0014
XPRICE -9506.59 4127.50 -2.303 0.0231
DUMMY 134293 20950.9 6.410 0.0001
SALES -72.09 19.16 -3.762 0.0003
Adjusted R2 = 0.98
DW = 1.7866
Degrees of Freedom = 112
DL = 1.584
DU = 1.665 @ 1% level

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

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