| Low economic level | High economic level |
VARIABLES | lnGDP | lnGDP |
lnFIN | 0.8874*** | 0.0006 |
(6.2563) | (0.0029) | |
URBAN | 0.4362 | 0.1903 |
(1.5018) | (0.6371) | |
UR | −0.2990*** | 0.2333 |
(−3.3042) | (1.4415) | |
OLD | −0.0212*** | −0.0145*** |
(−3.7710) | (−3.5114) | |
YOUNG | 0.0118*** | 0.0023 |
(3.3232) | (0.4468) | |
REV | −0.7781*** | −0.1199 |
(−4.8035) | (−0.3490) | |
Constant | 5.1240*** | 10.0425*** |
(6.0255) | (9.4527) | |
District Fixed Effect | YES | YES |
Time Fixed Effect | YES | YES |
Observations | 128 | 120 |
R-squared | 0.9979 | 0.9948 |
r2_a | 0.9973 | 0.9932 |
F | 27.8959*** | 3.4094*** |