Download the report - Femise
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Morocco<br />
Syria<br />
Tunisia<br />
t-stat (<strong>the</strong>oretical and observed H/H0) -13.4453 -11.2121 -3.0288<br />
1991 0.0862 3.05 0.9602 1.0079 1.1566<br />
1992 0.0874 3.05 0.9596 1.0079 1.1586<br />
1993 0.0826 3.05 0.9620 1.0079 1.1503<br />
1994 0.0511 3.05 0.9774 1.0064 1.0944<br />
1995 0.0477 3.05 0.9790 1.0061 1.0882<br />
1996 0.0479 3.05 0.9789 1.0061 1.0886<br />
1997 0.0423 3.05 0.9815 1.0057 1.0785<br />
1998 0.0442 3.05 0.9806 1.0058 1.0819 1.0170<br />
1999 0.0461 3.05 0.9797 1.0060 1.0853 1.0340<br />
2000 0.0472 3.05 0.9792 1.0061 1.0874 1.0511<br />
2001 0.0471 3.05 0.9792 1.0061 1.0873 1.1218<br />
2002 0.0490 3.05 0.9784 1.0062 1.0906 1.1399<br />
2003 0.0498 3.05 0.9780 1.0063 1.0921 1.1581<br />
2004 0.0511 3.05 0.9774 1.0064 1.0944 1.1581<br />
Mean 0.9751 1.0065 1.1024 1.0971<br />
Stand.dev. 0.0079 0.0008 0.0289 0.0611<br />
t-stat (<strong>the</strong>oretical and observed H/H0) -5.2650 -3.9253 0.2179<br />
1991 0.1760 2.50 0.8921 0.9607 1.1749<br />
1992 0.1807 2.50 0.8889 0.9589 1.1784<br />
1993 0.1781 2.50 0.8907 0.9599 1.1765<br />
1994 0.1738 2.50 0.8937 0.9615 1.1732<br />
1995 0.1703 2.50 0.8961 0.9628 1.1705<br />
1996 0.1648 2.50 0.8999 0.9647 1.1661<br />
1997 0.1636 2.50 0.9007 0.9651 1.1652<br />
1998 0.1384 2.50 0.9176 0.9734 1.1441<br />
1999 0.1545 2.50 0.9069 0.9682 1.1577<br />
2000 0.1536 2.50 0.9075 0.9685 1.1570<br />
2001 0.1547 2.50 0.9067 0.9681 1.1580 1.0465<br />
2002 0.1583 2.50 0.9043 0.9670 1.1609 1.0722<br />
2003 0.1615 2.50 0.9021 0.9658 1.1635 1.0974<br />
2004 0.1675 2.50 0.8980 0.9638 1.1682 1.0974<br />
Mean 0.9004 0.9649 1.1653 1.0783<br />
Stand.dev. 0.0079 0.0040 0.0094 0.0243<br />
t-stat (<strong>the</strong>oretical and observed H/H0) -14.4100 -9.2860 6.9975<br />
1991 0.0390 3.08 0.9833 1.0060 1.0743<br />
1992 0.0326 3.08 0.9861 1.0052 1.0622<br />
1993 0.0328 3.08 0.9861 1.0052 1.0625<br />
1994 0.0376 3.08 0.9839 1.0058 1.0716<br />
1995 0.0317 3.08 0.9865 1.0051 1.0606<br />
1996 0.0267 3.08 0.9887 1.0044 1.0510<br />
1997 0.0298 3.08 0.9873 1.0048 1.0570<br />
1998 0.0298 3.08 0.9874 1.0048 1.0569<br />
1999 0.0312 3.08 0.9867 1.0050 1.0597 1.0131<br />
2000 0.0321 3.08 0.9864 1.0051 1.0612 1.0247<br />
2001 0.0330 3.08 0.9859 1.0052 1.0631 1.0365<br />
2002 0.0345 3.08 0.9853 1.0054 1.0658 1.0480<br />
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