| Predictor Variable | Coefficient | Z statistic | P value |
| Yit | 0.2353528*** | 2.72 | 0.007 |
| Yjt | 0.3201635*** | 9.25 | 0.000 |
| Nit | 6.989024*** | 2.61 | 0.009 |
| Njt | 0.5467775*** | 7.41 | 0.000 |
| Exijt | 0.136038*** | 10.40 | 0.000 |
| Dij | -1.133529*** | −13.58 | 0.000 |
| SPij | 0.9825723*** | 10.29 | 0.000 |
| Cij | -0.9643236*** | −8.09 | 0.000 |
| Lij | 0.8551454*** | 4.05 | 0.000 |
| constant | -142.9723*** | −2.66 | 0.008 |