Table 2 Regression Results for the Effect of Distance and the Relative Importance of a Commodity on Forecast Accuracy,,,,
Dependent variable: commodity forecast error,,,,
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Independent variable,Coefficient,t-statistic,,
Constant,0.23,2.4,,
Distance ratio for commodity,0.11,1.5,,
Inflows as % total inflows to state,–0.86,–1.6,,
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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.,,,,
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