Dependent var: Δ logarithm of total employment

(1)

(2)

(3)

Variables

ADJ

LR

SR

First lag of logarithm of total employment

0.0518**

(0.0235)

Logarithm of GDP

0.0101

(0.0617)

Population growth

0.413***

(0.0580)

Logarithm of domestic credit

0.100

(0.0652)

Logarithm of FDI

0.0635**

(0.0251)

inflation

−0.000274

(0.00161)

Lending Interest rate

−0.00410

(0.00531)

D.Logarith of GDP

−0.000671

(0.00581)

D.Population growth

−0.0721

(0.0469)

LD.Population growth

0.0100

(0.0524)

L2D.Population growth

0.0185

(0.0545)

L3D.Population growth

0.0369

(0.0548)

D.Logarithm of domestic credit

0.000551

(0.00751)

LD.Logarithm of domestic credit

0.00193

(0.00722)

L2D.Logarithm of domestic credit

−1.46e−05

(0.00720)

L3D.Logarithm of domestic credit

−0.00376

(0.00689)

D.Logarithm of FDI

−0.00295