Explained variable: RGDP | |||||||
| (1) | (2) | (3) | (4) | (5) | (6) | (7) |
BT | −0.072 | −0.202* | −0.223** | −0.231** | −0.283*** | −0.279*** | −0.286*** |
| (0.109) | (0.112) | (0.101) | (0.095) | (0.099) | (0.092) | (0.093) |
capital |
| 0.147*** | 0.133*** | 0.103** | 0.154*** | 0.112*** | 0.126*** |
|
| (0.049) | (0.043) | (0.042) | (0.046) | (0.040) | (0.045) |
labor |
| 0.141* | 0.200** | 0.198*** | 0.223*** | 0.221*** | 0.219*** |
|
| (0.078) | (0.076) | (0.071) | (0.074) | (0.068) | (0.069) |
edu |
|
| −0.283** | −0.251** | −0.349*** | −0.312*** | −0.314*** |
|
|
| (0.109) | (0.102) | (0.107) | (0.101) | (0.102) |
infras |
|
|
| 0.176** |
| 0.162** | 0.161** |
|
|
|
| (0.077) |
| (0.073) | (0.074) |
trans |
|
|
|
| 0.082** | 0.072** | 0.075** |
|
|
|
|
| (0.037) | (0.034) | (0.035) |
industry |
|
|
|
| −0.122 |
| −0.116 |
|
|
|
|
| (0.178) |
| (0.166) |
Constant | 1.601*** | 1.745*** | 1.949*** | 1.820*** | 2.015*** | 1.888*** | 1.891*** |
| (0.269) | (0.267) | (0.255) | (0.245) | (0.244) | (0.233) | (0.235) |
Observations | 34 | 34 | 33 | 33 | 33 | 33 | 33 |
R-squared | 0.013 | 0.328 | 0.423 | 0.516 | 0.517 | 0.586 | 0.594 |