Competition-ac

Competition-le

(1)

(2)

(3)

(4)

(5)

(6)

tsim

0.618***

0.570***

0.531***

0.243**

0.215*

0.218*

(0.124)

(0.118)

(0.112)

(0.119)

(0.120)

(0.117)

fdiingap

0.206

−0.104

−0.409

−3.160**

−2.751*

−2.168

(0.531)

(0.489)

(0.507)

(1.523)

(1.459)

(1.384)

fdioutgap

2.687**

3.369*

4.260*

2.363*

1.442

1.156

(1.288)

(1.935)

(2.301)

(1.345)

(2.000)

(2.508)

iqgap

−1.188***

−0.956***

−1.086***

−1.086***

−0.992***

−1.045***

(0.344)

(0.314)

(0.338)

(0.346)

(0.320)

(0.345)

cons

17.055***

15.728***

14.772***

7.396**

6.625**

6.672**

(3.250)

(3.069)

(2.910)

(3.023)

(3.021)

(2.934)

N

141

141

141

141

141

141