Table 2: Regression Results for the Effect of Distance and the Relative Importance of a Commodity on Forecast Accuracy
Dependent variable: commodity forecast error
|Distance ratio for commodity||0.11||1.5|
|Inflows as % total inflows to state||-0.86||-1.6|
|Adjusted R2: 0.04|
Note: Dependent variable measured in absolute value terms; inflows as a percent of total inflows derived from observed inflows by commodity and total state inflows.
Updated: Saturday, May 20, 2017