Table 3: Results for unit
root test at first difference18
Table 4: Correlation Matrix Results
19
Table 5: Results for model diagnostic tests
19
Table 6: Regression Results with Total Output dln(TOUT
t
)
as the dependent20
List of figuresFigure 1: The Cobweb model ........................................................
Error! Bookmark not defined.iv
BLUE
CLRM
DW
ECM
ESAP
FAO
FAOSTAT
FTLRP
Augmented
Dickey FullerAutoregressive Conditional Heteroskedasticity
Autoregressive Distributed Lag
Breusch Godfrey
Best
Linear Unbiased EstimatesClassical Linear Regression Model
Durbin Watson
Error Correction Model
Economic
Structural Adjustment programFood and Agriculture Organisation
Food and Agriculture Organisation Statistics
Fast
Track Land Reform Programme v HAC
JB
LM
ML
MoM
OLS
RESET
TIMB
US$
ZTA
Heteroskedasticity, Autocorrelation and Consistent standard errors
Jarque Bera
Lagrange Multiplier
Maximum
LikelihoodMethod of Moments
Ordinary Least Squares
Regression
Specification Error TestTobacco Industry and Marketing Board
United State dollar
Zimbabwe
Tobacco Association