VARIABLES

(1) model 1

remp

(2) model 2

remp

L.remp

0.734***

0.720***

(0.016)

(0.016)

rw2

0.012

0.027***

(0.009)

(0.010)

rhp

0.044***

0.030*

(0.017)

(0.018)

lntrade

0.012

(0.042)

lnedu

−0.019

(0.028)

lnhosp

0.146***

(0.043)

lninvest

−0.043*

(0.023)

lnfdi

0.049

(0.030)

Constant

0.181***

−0.722**

(0.046)

(0.333)

Observations

504

504

R-squared

0.823

0.832

Number of city

36

36