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