| Fixed effect | Double threshold regression | ||||
Threshold variable |
|
| idc | idc | idh | idh |
VARIABLES | lnavegdp | lnavegdp | lnavegdp | lnavegdp | lnavegdp | lnavegdp |
indjj | 0.202*** |
|
|
|
|
|
| (0.0625) |
|
|
|
|
|
secjj |
| 0.269*** |
|
|
|
|
|
| (0.0745) |
|
|
|
|
lnfeinvest | 1.528*** | 1.542*** | 1.602*** | 1.631*** | 1.651*** | 1.700*** |
| (0.112) | (0.111) | (0.0989) | (0.0980) | (0.100) | (0.0991) |
lnhu | 0.473*** | 0.464*** | 0.479*** | 0.462*** | 0.571*** | 0.534*** |
| (0.0980) | (0.0976) | (0.0869) | (0.0864) | (0.0880) | (0.0867) |
lnpatent1 | 0.251*** | 0.248*** | 0.204*** | 0.198*** | 0.207*** | 0.199*** |
| (0.0120) | (0.0121) | (0.0115) | (0.0116) | (0.0115) | (0.0116) |
exp1per | 0.00326 | −0.0141 | 0.0378 | 0.00757 | 0.0226 | −0.0281 |
| (0.0406) | (0.0416) | (0.0383) | (0.0387) | (0.0365) | (0.0371) |
govper | 0.126 | 0.0966 | 0.247 | 0.188 | 0.149 | 0.0642 |
| (0.184) | (0.182) | (0.161) | (0.159) | (0.164) | (0.161) |
0b._cat#c.indjj |
|
| 0.245*** |
| 0.387*** |
|
|
|
| (0.0551) |
| (0.0584) |
|
1._cat#c.indjj |
|
| 0.363*** |
| 0.465*** |
|
|
|
| (0.0567) |
| (0.0618) |
|
2._cat#c.indjj |
|
| 0.514*** |
| 0.599*** |
|
|
|
| (0.0628) |
| (0.0676) |
|
0b._cat#c.secjj |
|
|
| 0.338*** |
| 0.526*** |
|
|
|
| (0.0657) |
| (0.0699) |
1._cat#c.secjj |
|
|
| 0.452*** |
| 0.611*** |
|
|
|
| (0.0671) |
| (0.0739) |
2._cat#c.secjj |
|
|
| 0.606*** |
| 0.746*** |
|
|
|
| (0.0731) |
| (0.0796) |
Constant | −3.995*** | −4.129*** | −4.253*** | −4.503*** | −4.724*** | −5.158*** |
| (0.774) | (0.769) | (0.681) | (0.675) | (0.691) | (0.684) |
Observations | 420 | 420 | 420 | 420 | 420 | 420 |
R-squared | 0.951 | 0.951 | 0.963 | 0.963 | 0.962 | 0.962 |
Number of id | 30 | 30 | 30 | 30 | 30 | 30 |