November 1998                                          SCSB# 390

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

TABLE 8.6. REGRESSION RESULTS TO EXPLAIN
CANADIAN EXPORTS TO U.S.
Model 1: Canadian Exports, Excluding U.S. Affiliate Sales (1976-1995)
Variables Estimate S.E. t-ratio prob>|t|
Intercept -106093 33700.2 -3.148 0.0018
GDP 36.76 14.15 2.598 0.0099
XPRICE 496.86 1045.34 0.475 0.6350
DUMMY 165064 18438.2 8.952 0.0001
Adjusted R2 = 0.97
DW = 1.816
Degrees of Freedom = 256
DL = 1.643
DU = 1.704 @ 1% level

Where the variables and abbreviations are defined as:
GDP = Real Gross Domestic Product of the U.S.
XPRICE = Canadian Export Price
DUMMY = 0 before 1989, 1 after 1989

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