Variable

Mixed effects model

Fixed effects model

Random effects model

grde

0.1682376^***

(0.1852695)

0.0608077^***

(0.1646492)

0.1049901^***

(0.1700301)

erde

2.106737^***

(0.4234901)

1.982277^***

(0.3660152)

2.016544^***

(.3814651)

orde

−0.1185567^***

(0.5307121)

0.4693301^**

(0.4692742)

0.2251757

(0.4850284)

Employment

8.163817^***

(0.5042742)

6.316937^***

(0.4765913)

7.024622^***

(0.4813077)

fdi

51.80403^***

(4.271063)

41.06843^***

(4.122246)

45.49352^*

(4.131555)

Constant

627.7613

(43.08783)

733.7648

(38.77757)

691.8373^***

(63.63786)

Prob > F

0.0000

0.0000

0.0000

Sample

527

527

527