Cross section regressions (OLS)

Dependent variable: $y_{it}^j$

1985-2010

1985-1995

1990-2000

1995-2005

2000-2010

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

1.286

(0.052)

1.058

(0.039)

1.262

(0.041)

1.179

(0.041)

0.970

(0.036)

$R^{\text{2}}$

0.8712

0.8899

0.9140

0.8999

0.8900

obs

93

93

93

93

93