| Model 1 | Model 2 | Model 3 | Model 4 | Model 5 | Model 6 | Model 7 |
L.dvar | 0.867*** (0.003) | 0.865*** (0.003) | 0.887*** (0.028) | 0.850*** (0.017) | 0.859*** (0.013) | 0.872*** (0.017) | 0.862*** (0.013) |
ers | −0.010** (0.035) | −0.015*** (0.038) | −0.097*** (0.029) | −0.041*** (0.015) | −0.026** (0.013) | −0.045*** (0.017) | −0.021** (0.006) |
ers2 |
| 0.003** (0.001) | 0.041** (0.018) | 0.014** (0.006) | 0.009* (0.005) | 0.016** (0.007) | 0.004** (0.015) |
fdi |
|
| −0.010* (0.056) | −0.029** (0.121) | −0.018** (0.086) | −0.030** (0.014) | −0.034* (0.044) |
human |
|
|
| 0.047* (0.025) | 0.042* (0.022) | 0.021 (0.019) | 0.024* (0.025) |
rd |
|
|
|
| −0.013* (0.007) | −0.028*** (0.009) | −0.018*** (0.007) |
lnkl |
|
|
|
|
| −0.029* (0.017) | −0.031* (0.016) |
lnsize |
|
|
|
|
|
| −0.027** (0.014) |
_cons | 0.082*** (0.021) | 0.083*** (0.022) | 0.076*** (0.016) | 0.058* (0.023) | 0.058** (0.022) | 0.154*** (0.032) | 0.159*** (0.027) |
N | 3510 | 3510 | 3510 | 3510 | 3510 | 3510 | 3510 |
AR (1) test | −8.47 [0.000] | −8.46 [0.000] | −8.31 [0.000] | −8.03 [0.000] | −8.38 [0.000] | −7.99 [0.000] | −7.72 [0.000] |
AR (2) test | −1.52 [0.130] | −1.60 [0.110] | −1.47 [0.323] | −0.49 [0.623] | −0.61 [0.539] | −0.41 [0.679] | −0.29 [0.775] |
Sargan test | 13.25 [0.351] | 12.53 [0.404] | 26.17 [0.293] | 32.51 [0.541] | 37.64 [0.350] | 41.56 [0.446] | 39.30 [0.412] |