(b)

fe

(B)

re

(b − B)

Difference

sqrt(diag(V_b − V_B)) S.E.

gdp

0.0000

0.0001

−0.0001

0.0000

struc

0.0448

−0.0746

0.1193

0.1748

popd

−22.7226

−0.4502

−22.2724

4.4592

inves

−0.7993

0.9492

−1.7485

0.3686

emplo

0.0496

0.0362

0.0133

0.0197

govex

−0.0005

−0.0008

0.0002

0.0004