|
| Low economic level | High economic level |
| VARIABLES | lnGDP | lnGDP |
| lnFIN | 0.8874*** | 0.0006 |
| (6.2563) | (0.0029) | |
| URBAN | 0.4362 | 0.1903 |
| (1.5018) | (0.6371) | |
| UR | −0.2990*** | 0.2333 |
| (−3.3042) | (1.4415) | |
| OLD | −0.0212*** | −0.0145*** |
| (−3.7710) | (−3.5114) | |
| YOUNG | 0.0118*** | 0.0023 |
| (3.3232) | (0.4468) | |
| REV | −0.7781*** | −0.1199 |
| (−4.8035) | (−0.3490) | |
| Constant | 5.1240*** | 10.0425*** |
| (6.0255) | (9.4527) | |
| District Fixed Effect | YES | YES |
| Time Fixed Effect | YES | YES |
| Observations | 128 | 120 |
| R-squared | 0.9979 | 0.9948 |
| r2_a | 0.9973 | 0.9932 |
| F | 27.8959*** | 3.4094*** |