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Table 3 Determinants of fixed effects for UK student visa models

From: The determinants of United Kingdom student visa demand from developing countries

Variables

Visa applications

Visa issues

Common Language

2.4489***

2.2427***

 

(0.6197)

(0.6119)

Log of Distance

−1.6152***

−1.4038***

 

(0.5398)

(0.5330)

Muslim (%)

0.0202***

0.0232***

 

(0.0077)

(0.0076)

Net Primary Enrolments (%)

−0.0554**

−0.0424*

 

(0.0233)

(0.0230)

Net Secondary Enrolments (%)

0.0350**

0.0383**

 

(0.0153)

(0.0151)

Political Stability Index

0.5693

0.7871**

 

(0.3701)

(0.3655)

Constant

15.267***

12.164**

 

(5.288)

(5.221)

Number of Observations

89

89

RESET (F-test)

1.00

3.230

 

[0.397]

[0.027]

Breusch-Pagan Heteroscedasticity Test

9.00

10.030

 

[0.173]

[0.123]

Jarque -Bera Normality Test

2.39

1.230

 

[0.303]

[0.540]

σ ^ (standard error of regression)

2.462

2.431

R-squared (adjusted)

0.297

0.307

  1. Notes:
  2. (1) The estimation procedure is OLS and standard errors are reported in parentheses.
  3. (2) The dependent variable for the visa applications column is comprised of the 89 estimated country-specific fixed effects from the restricted model (1) in Table 1.
  4. (3) The dependent variable for visa issues is comprised of the 89 estimated country-specific fixed effects from the restricted model (2) in Table 2.
  5. (4) ***, ** and * denote statistical significance at the 0.01, 0.05 and 0.10 level respectively using two-tailed tests.
  6. (5) The RESET is distributed as F(3,79). The reported heteroscedasticity and normality tests are Lagrange Multiplier (LM) tests. The prob-values are reported in the squared brackets beneath these test values.
  7. (6) The F-test values for the null hypothesis that the distance elasticity is equal to minus one is computed as F(1, 82) = 1.30 with a prob-value of 0.26 for visa applications and F(1,82) = 0.57 with a prob-value of 0.45 for visa issues.