Variable | Benchmark model | Model 1 | Model 2 |
Dynai,t |
| 0.443*** | 0.450*** |
|
| (0.002) | (0.001) |
Ffi,t |
|
| 0.180 |
|
|
| (0.223) |
Dyna × ffi,t |
|
| 0.221*** |
|
|
| (0.005) |
Agei,t | 0.975 | 0.867 | 0.849 |
| (0.160) | (0.198) | (0.204) |
Esizei,t | −0.206** | −0.232*** | −0.194*** |
| (0.017) | (0.007) | (0.007) |
Csizei,t | 0.247*** | 0.166 | 0.170* |
| (0.007) | (0.102) | (0.089) |
Dumt2 | −0.088** | −0.066 | −0.070* |
| (0.034) | (0.106) | (0.086) |
Dumt3 | −0.168** | −0.127* | −0.129* |
| (0.024) | (0.083) | (0.077) |
_cons | −6.604*** | −4.302* | −4.633** |
| (0.002) | (0.060) | (0.042) |
F | 3.35*** | 5.70*** | 5.80*** |
Adj.R2 | 0.016 | 0.029 | 0.043 |