| Explanatory variables | Dependent variable: IG_VIIT | |||
| FEM | REM | |||
| (1) | (2) | (3) | (4) | |
| SIZE | 0.001 | 0.001 | 0.004 | 0.001 |
| (3.79) | (3.81) | (3.44) | (3.29) | |
| DIFRD | 7.518 | 7.506 | 9.206 | 8.304 |
| (2.70) | (2.64) | (3.02) | (2.74) | |
| DIFYP | 0.756 | 0.754 | 0.861 | 0.822 |
| (9.44) | (8.98) | (6.01) | (5.82) | |
| DIFY | −0.003 | −0.003 | −0.002 | −0.001 |
| (−1.53) | (−1.53) | (−1.08) | (−0.34) | |
| DIST |
|
| −0.125 | −0.105 |
|
|
| (−4.19) | (−2.90) | |
| Constant | −1.390 | −1.349 | −1.263 | −1.157 |
| (−12.83) | (−17.10) | (−6.35) | (−7.54) | |
| Yearly dummies |
| Yes |
| Yes |
|
|
|
|
|
|
| Number of observations | 1552 | 1552 | 1552 | 1552 |
|
|
|
|
|
|
| Overall R2 | 0.026 | 0.026 | 0.111 | 0.101 |
| R2 for between estimator | 0.003 | 0.003 | 0.725 | 0.538 |
| R2 for within estimator | 0.045 | 0.044 | 0.028 | 0.039 |