| (1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) |
FE | 0.1079** | 0.1277** | 0.1563** | 0.1510** | 0.1556** | 0.1604** | 0.1192* | 0.1508** |
| (0.0506) | (0.0529) | (0.0621) | (0.0647) | (0.0704) | (0.0709) | (0.0681) | (0.0678) |
ECO |
| 0.0621** | 0.0652** | 0.0748 | 0.0737 | 0.0717 | 0.0790** | 0.0712* |
|
| (0.0302) | (0.0304) | (0.0490) | (0.0490) | (0.0493) | (0.0401) | (0.0397) |
GOV |
|
| 0.0790** | 0.2496*** | 0.2464*** | 0.2475*** | 0.2340*** | 0.2292*** |
|
|
| (0.0312) | (0.0308) | (0.0307) | (0.0307) | (0.0282) | (0.0282) |
FD |
|
|
| 0.1988*** | 0.1957*** | 0.1961*** | 0.1577*** | 0.1666*** |
|
|
|
| (0.0444) | (0.0442) | (0.0442) | (0.0403) | (0.0403) |
SYS |
|
|
|
| 0.0662 | 0.0633 | 0.0738* | 0.0769* |
|
|
|
|
| (0.0411) | (0.0412) | (0.0397) | (0.0395) |
FDI |
|
|
|
|
| 0.1782 | 0.5881** | 0.4959* |
|
|
|
|
|
| (0.2785) | (0.2704) | (0.2734) |
PGDP |
|
|
|
|
|
| 0.0450*** | 0.0408*** |
|
|
|
|
|
|
| (0.0061) | (0.0064) |
REG |
|
|
|
|
|
|
| 0.0092* |
|
|
|
|
|
|
|
| (0.0049) |
Regional FE Year FE | Yes Yes | Yes Yes | Yes Yes | Yes Yes | Yes Yes | Yes Yes | Yes Yes | Yes Yes |
λ | 0.3760*** | 0.3617*** | 0.3762*** | 0.3564*** | 0.3490*** | 0.3574*** | 0.3111*** | 0.3012*** |
(0.0676) | (0.0687) | (0.0677) | (0.0694) | (0.0702) | (0.0708) | (0.0804) | (0.0810) | |
N | 300 | 300 | 300 | 300 | 300 | 300 | 300 | 300 |
R2 | 0.3372 | 0.2262 | 0.2508 | 0.2413 | 0.2027 | 0.2002 | 0.2288 | 0.1925 |