Variable

W₁

W₂

W₃

Rr

Epa

Rr

Epa

Rr

Epa

Rr

0.61524***

0.31655***

0.25692***

(0.04637)

(0.05168)

(0.06147)

W · Rr

0.09739***

0.11531***

32.18975***

32.36254***

0.50530***

0.61754***

(0.01105)

(0.02373)

(6.61773)

(9.25901）

(0.09654)

(0.09033)

Epa

0.63354***

0.25567***

0.20731***

(0.08438)

(0.09451)

(0.08875)

W · Epa

−0.11124***

−0.13477***

−29.68343***

−36.14663***

0.03519

−0.37750***

(0.01326)

(0.02373)

(8.27852)

(11.12129)

(0.10499)

(0.09466)

Hc

0.14187***

0.18887***

0.12090***

(0.04090)

(0.04761）

(0.04438)

LnGd

0.02350***

0.03867***

0.03201***

(0.00462)

(0.00521)

(0.00450)

Pclh

0.03369***

0.04554***

0.03000***

(0.00884)

(0.00851)

(0.00821)

LnWl

0.03708***

0.05981***

0.04198***

(0.01021)

(0.01154)

(0.01198)

LnPgdp

0.04443***

0.09952***

0.07868***

(0.01357)

(0.01522)

(0.01476)

Ur

−0.21878***

−0.40111***

−0.31095***

(0.05393)

(0.05742)

(0.05485)

Lfee

0.29566***

0.44422***

0.42824***

(0.09136)

(0.10265)

(0.09439)

Edl

0.01099***

0.00641

−0.00340

(0.12014)

(0.00499)

(0.00505)

_cons

−0.42976***

−0.44642***

−0.72289***

−0.84174***

−0.55173***

−0.61948***

(0.10624)

(0.12014)

(0.12174)

(0.12954)

(0.11852)

(0.12889)

R²

0.9944

0.9794

0.9937

0.9661

0.9810

0.9798