November 1998                                          SCSB# 390

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

TABLE 8.3. REGRESSION RESULTS TO EXPLAIN U.S. EXPORTS TO CANADA
Model 1: U.S. Exports, Excluding Canadian Affiliate Sales (1976-1995)
Variables Estimate S.E. t-ratio prob>|t|
Intercept -2620.61 1104.64 -2.372 0.0184
GDP 5.24 1.31 3.979 0.0001
XPRICE 5.41 2.84 1.902 0.0582
DUMMY 2277.68 184.07 12.374 0.0001
 Adjusted R2 = 0.96
DW = 1.783
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 Canada
XPRICE = U.S. Export Price
DUMMY = 0 before 1989, 1 after 1989
S.E. = Standard Error
DW = Durbin-Watson test statistic
DL = Durbin-Watson Lower Limit at 1% significance level
DU = Durbin-Watson Upper Limit at 1% significance level
 

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