(1)

(2)

(3)

Investment

Grain Yield

Deposit

−0.123** (−0.057)

−0.018 (−0.037)

−0.032** (−0.013)

Area

0.003 (−0.019)

−0.020* (−0.012)

0.011 (−0.016)

Pop (log)

−0.84 (−0.84)

−0.506** (−0.198)

0.371 (−0.567)

Dummy of year

−4.284*** (−0.15)

0.241*** (−0.09)

−4.490*** (−0.124)

_cons

15.379*** (−2.889)

13.410*** (−0.689)

11.055*** (−1.951)

N

1108

893

1105

R²

0.993

0.341

0.999