(1)

(2)

paa_i

pa_i

vcrd

0.0526**

0.0446**

(2.13)

(2.08)

rd

1.419***

1.354***

(22.19)

(24.38)

edupop

0.0340

0.0835

(0.18)

(0.51)

open

−0.493

0.386

(−1.45)

(1.31)

wagegdp

−0.880***

−0.578**

(−3.22)

(−2.44)

_cons

−10.42***

−11.57***

(−10.00)

(−12.78)

N

139

139