Table 3 The short-run impact of port throughput on employment in Africa

lnEMP (− 1)

0.943***

0.967***

0.966***

(0.0205)

(0.0146)

(0.00619)

lnPTP

0.00751**

0.00902**

0.00500**

(0.00285)

(0.00380)

(0.00232)

lnEDU

− 0.0187**

0.0104

0.00265

(0.00786)

(0.0103)

(0.00250)

lnPDN

0.00803**

− 0.00535***

0.00295

(0.00341)

(0.00173)

(0.00207)

lnINF

− 0.0152**

− 0.0213***

− 0.00622*

(0.00692)

(0.00380)

(0.00316)

lnINV

− 0.00323

0.00442

0.0111

(0.00558)

(0.00935)

(0.00854)

INC

− 0.000220

− 0.00363

0.00192*

(0.000819)

(0.00226)

(0.00108)

Constant

0.227**

0.0688

0.0494

(0.105)

(0.0541)

(0.0289)

Number of observations

173

173

173

Number of groups

26

26

26

Number of instruments

22

22

23

AR2[p-value]

0.289

0.243

0.279

Hansen[p-value]

0.415

0.156

0.348