Dependent Variable: Urban Population (in Thousand)

Pooled Model

Fixed Effects Model

(Country and Year Fixed Effects)

Random Effects Model

Employment in Agriculture

0.285*** (0.032)

−0.058 (0.044)

−0.087*** (0.023)

Employment in Industry

−0.733*** (0.165)

0.891*** (0.065)

0.850*** (0.068)

Employment in Services

2.751*** (0.106)

2.071*** (0.057)

2.032*** (0.044)

GDP per Capita

0.021 (0.078)

0.070 (0.113)

−0.099*** (0.091)

Observation

348

348

348

R²

0.985

0.986

0.985

Adjusted R²

0.985

0.985

0.985

F-Statistic

5517.600*** (df = 4; 343)

4420.120*** (df = 4; 304)

22,072.830***