|
| (1) | (2) |
| VARIABLES | Lngdp | Lngdp |
| HSR | −0.0476 |
|
|
| (0.0300) |
|
| BHSR 3 |
| −0.00357 |
|
|
| (0.0118) |
| BHSR 2 |
| 0.00852 |
|
|
| (0.00982) |
| BHSR 1 |
| 0.0329** |
|
|
| (0.0130) |
| AHSR 1 |
| 0.0423*** |
|
|
| (0.0157) |
| AHSR 2 |
| 0.0662*** |
|
|
| (0.0209) |
| AHSR 3 |
| 0.0578** |
|
|
| (0.0226) |
| AHSR 4 |
| 0.0974*** |
|
|
| (0.0293) |
| Lmpeo | 0.652* | 0.628*** |
|
| (0.389) | (0.200) |
| Pribz | −0.0284*** | −0.0313*** |
|
| (0.00292) | (0.00270) |
| Lnge | −0.0104 | −0.0300 |
|
| (0.0445) | (0.0285) |
| Lninvest | 0.0436* | 0.0258* |
|
| (0.0232) | (0.0133) |
| Lntrs | 0.0360*** | −0.0146 |
|
| (0.0134) | (0.0159) |
| Constant | 10.55*** | 11.93*** |
|
| (1.586) | (0.917) |
| Observations | 616 | 616 |
| R-squared | 0.945 | 0.945 |
| Country FE | YES | YES |
| Year FE | YES | YES |