Model | (4) | (7) | (8) | (9) |
area | Nationwide | East | Central | West |
QEG (−1) | 0.767*** (0.042) | 0.707*** (0.207) | 0.797*** (0.103) | 0.487** (0.182) |
PS | 0.109*** (0.027) | −0.227** (0.101) | 0.221*** (0.072) | 0.471** (0.194) |
SECH | 0.211*** (0.038) | 0.564*** (0.153) | 0.236 (0.176) | 0.150 (0.118) |
SS | 0.296*** (0.044) | 0.782** (0.287) | 0.348** (0.138) | 0.386*** (0.135) |
EC | 0.456*** (0.098) | 0.150 (0.439) | 0.595** (0.273) | 1.382*** (0.367) |
EP | 0.145*** (0.044) | 0.091 (0.064) | 0.222* (0.116) | 0.179* (0.094) |
OPEN | 0.042*** (0.006) | 0.227* (0.112) | 0.050*** (0.016) | 0.058*** (0.015) |
EXP | 0.099*** (0.025) | 0.344** (0.153) | 0.172** (0.076) | 0.418* (0.207) |
PGDP | 0.009*** (0.002) | −0.004 (0.018) | 0.009* (0.004) | 0.019*** (0.006) |
area |
| −0.271* (0.137) | −0.123 (0.318) | 0.128 (0.136) |
area*QEG (−1) |
| −0.309 (0.323) | −0.036 (0.446) | −0.096 (0.263) |
area* PS |
| 1.575*** (0.486) | −0.542 (0.372) | −0.853** (0.315) |
area*SECH |
| −0.244 (0.206) | 0.486 (0.465) | 0.441 (0.262) |
area*SS |
| −0.744 (0.539) | 0.255 (0.426) | −0.036 (0.249) |
area*EC |
| 2.504*** (0.902) | 1.784 (1.599) | −2.203** (1.042) |
area*EP |
| 0.368* (0.186) | -0.018 (0.457) | 0.033 (0.152) |
area*EXP |
| 0.583** (0.274) | 0.201 (0.368) | −0.279 (0.238) |
area*PGDP |
| 0.026 (0.021) | -0.031 (0.032) | −0.011 (0.016) |
area*OPEN |
| −0.114 (0.101) | 0.278 (0.367) | 0.038 (0.083) |
_cons | −0.156*** (0.025) | −0.288** (0.107) | −0.234** (0.098) | −0.253*** (0.083) |
Obs. | 300 | 300 | 300 | 300 |
AR (1) | 0.003 | 0.004 | 0.014 | 0.069 |
AR (2) | 0.318 | 0.611 | 0.302 | 0.391 |
Hansen | 1.000 | 1.000 | 1.000 | 1.000 |