variable name

(1)

(2)

T

1.138***

0.683***

(22.670)

(13.880)

P

−0.324***

−0.005

(−3.550)

(−0.050)

T*P

−0.301***

−0.140

(−3.000)

(−1.500)

fdi

0.132***

(3.600)

edu

0.109***

(20.570)

fai

0.004***

(6.020)

gov

−0.004

(−1.140)

sav

−0.005***

(−8.320)

industry

0.053***

(23.560)

third industry

0.053***

(15.910)

_cons

13.718***

9.006***

(309.580)

(39.300)

N

4888

4214

R2

0.113

0.408