|
| (1) | (2) |
| VARIABLES | lnFIN | lnGDP |
| lnFIN |
| 0.4963** |
|
| (1.9833) | |
| lnFINN | 0.6218*** |
|
| (7.20) |
| |
| URBAN | 0.6050*** | −0.0956 |
| (5.26) | (−0.3364) | |
| UR | −0.0427 | −0.2191*** |
| (−0.94) | (−2.6468) | |
| REV | −0.0401 | −0.9683*** |
| (−0.47) | (−6.2767) | |
| YOUNG | −0.0014 | 0.0079** |
| (−0.85) | (2.5550) | |
| Constant | 1.7335*** | 7.7521*** |
| (3.89) | (6.3526) | |
| District Fixed Effect | YES | YES |
| Time Fixed Effect | YES | YES |
| Observations | 248 | 248 |
| Number of id | 31 | 31 |
| F | 2151.40*** | . |
| Wald chi2 |
| 1.07e+07*** |