Eastern Model | Western Model | |
GDP Growth | 0.0186402* | 0.0354196* |
(2.45) | (2.19) | |
LnWAGE | 0.5232329*** | 0.428594 |
(4.59) | (1.26) | |
LnDINV | 0.4290154*** | 0.7016422** |
(5.49) | (2.79) | |
LnAGGLO | 0.744678*** | 0.4056939*** |
(11.89) | (4.96) | |
LnPatents | −0.269614*** | −0.2728365*** |
(−8.73) | (−3.42) | |
(Constant) | 0.0133659 | −6.030654 |
(0.01) | (−1.92) | |
Observations | 272 | 339 |
F statistic of the model | 299.12 (0.0000) | 175.88 (0.0000) |
Adjusted R−square | 0.8548 | 0.7357 |