OLS

FE

RE

Int

0.0455^*

0.0585^***

0.0507^**

(0.0246)

(0.0205)

(0.0218)

Wage

−0.1727

0.7259^***

0.4326^**

(0.3193)

(0.1630)

(0.1991)

Hum_cap

2.2761^*

2.0499^**

3.3842^***

(1.2733)

(0.7177)

(0.8453)

Inv

0.2261

−0.1539

−0.1157

(0.2554)

(0.1011)

(0.1047)

Urb

−3.8978^***

−2.3822^**

−4.1341^***

(1.0110)

(0.9319)

(1.3502)

Gov_exp

1.0918^**

1.0917^**

1.0067

(0.3763)

(0.5113)

(0.7285)

Constant

3.8972

−5.4679^***

−5.6543^***

(3.0936)

(1.2926)

(1.4588)

Observations

496

496

496

R-sq

0.3242

0.3994

0.3723

${\chi }^2$

54.61