| (1) | (2) |
VARIABLES | lnGDP | lnGDP |
lnFIN | 0.3617*** | 0.1155 |
(3.3158) | (0.9968) | |
lnFDI | −0.1497*** |
|
(−3.0407) |
| |
c.lnFIN#c.lnFDI | 0.0304*** |
|
(3.5065) |
| |
IND2 |
| −0.7144*** |
| (−5.6030) | |
c.lnFIN#c.IND2 |
| 0.1005*** |
| (5.1293) | |
URBAN | −0.0353 | 0.3789* |
(−0.1674) | (1.6652) | |
UR | −0.2416*** | −0.1911** |
(−2.9643) | (−2.4919) | |
OLD | −0.0117*** | −0.0040 |
(−3.5116) | (−1.2493) | |
YOUNG | 0.0127*** | 0.0062** |
(4.0102) | (2.0047) | |
REV | −0.9428*** | −0.5649*** |
(−6.2040) | (−3.5407) | |
Constant | 8.4400*** | 9.7200*** |
(13.4590) | (15.0132) | |
District Fixed Effect | YES | YES |
Time Fixed Effect | YES | YES |
Observations | 248 | 248 |
R-squared | 0.9983 | 0.9984 |
r2_a | 0.9979 | 0.9981 |
F | 15.2452*** | 18.5013*** |