(1)

(2)

(3)

(4)

(5)

(6)

(7)

(8)

(9)

Eastern

Part

Central

Section

Western

Part

Eastern

Part

Central

Section

Western

Part

Eastern

Part

Central

Section

Western

Part

VARIABLES

ln_cpi

ln_cpi

ln_cpi

ln_fep

ln_fep

ln_fep

ln_fes

ln_fes

ln_fes

c. inst# c. ext

0.0283

0.0375

0.0642*

0.112

0.188

0.189

0.0441*

−0.00223

0.0617*

(0.0228)

(0.0306)

(0.0343)

(0.121)

(0.173)

(0.161)

(0.0265)

(0.0387)

(0.0349)

Constant

7.950***

4.350***

7.531***

2.288***

−2.512*

0.0779

8.199***

5.100***

7.909***

(0.150)

(0.242)

(0.168)

(0.629)

(1.324)

(0.876)

(0.148)

(0.338)

(0.211)

Control variables

be

be

be

be

be

be

be

be

be

Observations

3842

2577

2045

4292

2825

2223

4291

2825

2223