|   Variable Description  |       Parameter Estimate  |       t-Statistic  |     |
|   Constant  |       1.882 (0.153)  |       29.937 (6.100)  |     |
|   Log of highway freight volumes (in ten thousands)  |       0.016 (0.041)  |       6.298 (10.575)  |     |
|   Log of railway freight volumes (in ten thousands)  |       0.005 (0.019)  |       2.989 (4.087)  |     |
|   Log of paved roads (in km2)  |       0.007 (0.006)  |       1.309 (13.774)  |     |
|   Log of highway passenger volume (in ten thousands)  |       0.017 (0.056)  |       4.673 (5.323)  |     |
|   Log of fixed asset investment (in millions of 2010$USD)  |       0.051 (0.029)  |       7.837 (5.015)  |     |
|   Log of urbanization rate  |       0.313 (0.307)  |       7.296 (6.516)  |     |
|   Log of public transportation unit per person  |       0.021 (0.007)  |       6.541 (22.617)  |     |
|   Log of highway congestion rate  |       −0.031 (0.300)  |       -5.870 (23.048)  |     |
|   Log of labor participation rate  |       3.110 (0.406)  |       18.883 (6.387)  |     |
|   Log of industrial sector’s contribution to gross city product  |       0.127 (0.016)  |       17.143 (18.128)  |     |
|   Log of service sector’s contribution to gross city product  |       0.362 (0.101)  |       9.545 (9.102)  |     |
|   Number of observations  |       3081  |    ||
|   Log-likelihood at zero LL(0)  |       −4067.839  |    ||
|   Log-likelihood at convergence LL(β)  |       −802.681  |    ||
|   
  |       0.803  |    ||