Variables

150 km

200 km

250 km

300 km

(1)

(2)

(3)

(4)

distance

1.4991**

1.3552***

1.1875***

1.1932***

(0.499)

(0.380)

(0.351)

(0.328)

l_lnrgdp

0.4468**

0.5801***

0.6060***

0.6642***

(0.176)

(0.126)

(0.122)

(0.128)

l_lninv

0.1587**

0.1576**

0.1322**

0.0891***

(0.051)

(0.050)

(0.043)

(0.026)

l_lnpop

−0.4491***

−0.5463***

−0.5630***

−0.5817***

(0.078)

(0.074)

(0.078)

(0.088)

l_ln(n + γ + δ)

0.5808

0.4962

0.3529

0.2790

(0.397)

(0.305)

(0.280)

(0.222)

City FE

YES

YES

YES

YES

Year FE

YES

YES

YES

YES

N

600

909

1134

1417

R²

0.963

0.962

0.961

0.958