Variables

Coefficient and significance level

LnL

0.337***

0.342***

(0.023)

(0.023)

LnK

0.041***

0.040***

(0.015)

(0.015)

LnM

0.498***

0.499***

(0.018)

(0.018)

LnEN

0.161***

0.157***

(0.017)

(0.018)

DE

0.099*

0.098*

(0.054)

(0.055)

IDE

0.019

0.034

(0.065)

(0.067)

LnAGE

0.067*

0.067*

(0.040)

(0.040)

LnCU

0.117

0.116

(0.111)

(0.112)

LnHU

0.560***

0.510***

(0.100)

(0.102)

RD

0.019

0.004

(0.044)

(0.045)

FDI

0.011

0.007

(0.074)

(0.074)

ID

No

Yes

RG

No

Yes

R-squared

0.8560

0.8583

Adj R-squared

0.8544

0.8550