| Model 1 | Model 2 | ||||||
| Explained Var.: the growth of GDP/worker | Explained Var.: the growth of GDP per capita | ||||||
| Coef | P | Coef | P | Coef | P | Coef | P |
T1 | 7.57*** | 0.000 | 8.21*** | 0.000 | 6.15*** | 0.000 | 7.46*** | 0.000 |
T2 | 7.57*** | 0.000 | 8.23*** | 0.000 | 6.10*** | 0.000 | 7.36*** | 0.000 |
T3 | 7.51*** | 0.000 | 8.18*** | 0.000 | 6.01*** | 0.000 | 7.32*** | 0.000 |
T4 | 7.46*** | 0.000 | 8.15*** | 0.000 | 5.95*** | 0.000 | 7.23*** | 0.000 |
T5 | 7.42*** | 0.000 | 8.12*** | 0.000 | 5.88*** | 0.000 | 7.17*** | 0.000 |
T6 | 7.42*** | 0.000 | 8.13*** | 0.000 | 5.92*** | 0.000 | 7.15*** | 0.000 |
T7 | 7.40*** | 0.000 | 8.12*** | 0.000 | 5.81*** | 0.000 | 7.07*** | 0.000 |
Ln(GDP/worker) in 1978 | −0.57*** | 0.000 | −0.64*** | 0.000 |
|
|
|
|
Ln(GDP per capita) in 1978 |
|
|
|
| -0.48*** | 0.000 | -0.68*** | 0.000 |
Ln(education) | 0.47*** | 0.000 | 0.37*** | 0.000 | 0.73*** | 0.000 | 0.55*** | 0.000 |
Ln(Investment rate) | −0.08*** | 0.000 | −0.10*** | 0.000 | -0.07 | 0.406 | 0.05 | 0.350 |
Ln(N) |
|
|
|
| 0.11*** | 0.004 | 0.04* | 0.091 |
Ln(growth of workers) | 0.06* | 0.066 | 0.01 | 0.856 |
|
|
|
|
Coastal Dummy |
|
| 0.11*** | 0.000 |
|
| 0.52*** | 0.000 |
Raw R Square | 0.998 | 0.998 | 0.995 | 0.998 | ||||
F | 10745.2*** | 10471.7*** | 3852.8*** | 7399.2*** | ||||
Significance F | 0.000 | 0.000 | 0.000 | 0.000 |