variable

coefficient

variable

coefficient

ln K i t

0.6300106*** (20.42)

y 4

0.0251284* (1.82)

ln L i t

0.3615595*** (4.36)

y 5

0.0166476 (1.27)

RD i t

0.0322223** (2.5)

y 6

0.0213323* (1.71)

market i t

0.6632099*** (5.15)

y 7

0.0206584* (1.76)

Urb i t

0.0031311* (1.71)

y 8

0.0237938** (2.09)

pearl

0.0312767 (0.29)

y 9

0.0247107** (2.20)

y 2

0.0126857 (0.8)

y 10

0.0254633** (2.28)

y 3

0.0197316 (1.35)

y 11

0.0245396** (2.23)