89
statistic assuming the variable is exogenous. The results of this test are shown at the
bottom of Table A-2 and confirm that the variable is exogenous.
Additional Results
This section describes additional results from the model.
Table A-4 contains the economic effects two years after a change in an explanatory
variable based on the coefficient estimates the one-year lag specification. Table A-5
details the long-run economic effects based on the coefficient estimates from both the
two-year and one-year lag specifications.