| Competition-ac | Competition-le | ||||
(1) | (2) | (3) | (4) | (5) | (6) | |
tsim | 0.519*** | 0.473*** | 0.613*** | 0.467*** | 0.421*** | 0.560*** |
| (0.129) | (0.129) | (0.131) | (0.124) | (0.125) | (0.127) |
fdiingap | −0.495** | −0.511** | −0.615*** | −0.627*** | −0.746*** | −0.906*** |
| (0.227) | (0.240) | (0.238) | (0.224) | (0.239) | (0.242) |
fdioutgap | 0.339* | 0.405* | 0.520** | 0.534*** | 0.690*** | 0.842*** |
| (0.200) | (0.208) | (0.203) | (0.198) | (0.209) | (0.207) |
iqgap | −0.426*** | −0.521*** | −0.262* | −0.555*** | −0.645*** | −0.370*** |
| (0.156) | (0.156) | (0.146) | (0.150) | (0.152) | (0.140) |
cons | 2.945*** | 2.957*** | 2.883*** | 2.827*** | 2.830*** | 2.735*** |
| (0.250) | (0.254) | (0.250) | (0.238) | (0.241) | (0.238) |
N | 694 | 694 | 694 | 694 | 694 | 694 |