Single cross section regressions (OLS)

Dependent variable: $y_{it}$

1985-2010

1985-1995

1990-2000

1995-2005

2000-2010

(i) $y_{i,t-1}^1$

0.936

(0.144)

1.262^*

(0.103)

0.914

(0.092)

0.873

(0.071)

0.793^*

(0.096)

(ii) $y_{i,t-1}^2$

0.808

(0.251)

0.941

(0.187)

1.362

(0.189)

0.664^*

(0.152)

0.636^*

(0.143)

(iii) $y_{i,t-1}^3$

1.378

(0.229)

1.072

(0.205)

1.344

(0.187)

0.973

(0.098)

0.886

(0.117)

obs

31

31

31

31

31