| FDI | FDI | FDI*RENT | FDI*RENT |
Ln(TFPinit) | −0.93253 (−0.698) | −0.089802 (−0.171) | 17.97145* (1.765) | 1.683306 (0.276) |
RENT | −0.09574 (−1.598) | 0.113740 (1.126) | 1.122294** (2.037) | 4.622865** (2.103) |
Ln(TRADE) | 2.48538*** (2.988) | 2.908001*** (2.907) | 17.32759** (2.221) | 20.80291* (1.747) |
Ln(CREDIT) | −1.16961** (−2.267) | −1.336879** (−2.247) | −8.383227 (−1.526) | −13.35797 (−1.361) |
Ln(INFLATION)
| −0.497567 (−1.374) | −0.565103 (−1.402) | 0.983595 (0.365) | 0.037923 (0.007) |
POPGR | −130.644** (−2.255) | −31.21034 (−1.365) | −399.5595 (−1.353) | −107.4232 (−0.389) |
LANDLOCK | −0.665290 (−0.559) |
| −32.146*** (−3.178) |
|
LANDLOCK*RENT | 0.81017*** (6.534) |
| 16.65108*** (6.978) |
|
FDILAG | 0.09532 (0.244) |
| −2.533505 (−0.830) |
|
FDILAG*RENT | 0.14305* (1.992) |
| 1.064964 (1.279) |
|
EXR | 0.04233 (0.841) |
| −0.580877* (−1.804) |
|
CONSTANT | 2.89184 (0.439) | −3.067298 (−0.807) | −110.7236* (−1.688) | −55.79534 (−0.992) |
R2 | 0.65 | 0.26 | 0.91 | 0.36 |
R2-adjusted | 0.56 | 0.19 | 0.89 | 0.30 |
Observations | 59 | 71 | 59 | 71 |
R2 partial |
| 0.39 |
| 0.55 |