Cross section regressions (OLS)

Dependent variable: $y_{it}^j$

1985-2010

1985-1995

1990-2000

1995-2005

2000-2010

$y_{i,t-1}^j$

1.012

(0.115)

1.135

(0.090)

1.078

(0.081)

0.853^*

(0.060)

0.778^*

(0.068)

Sector 2

0.535^*

(0.185)

–0.166

(0.145)

0.396^*

(0.127)

0.765^*

(0.107)

0.551^*

(0.145)

Sector 3

0.269

(0.154)

–0.044

(0.121)

0.196

(0.120)

0.430^*

(0.096)

0.213

(0.127)

$R^{\text{2}}$

0.8852

0.8935

0.9257

0.9388

0.9132

obs

93

93

93

93

93