| Dependent var: Δ logarithm of total employment | (1) | (2) | (3) |
| Variables | ADJ | LR | SR |
| First lag of logarithm of total employment | −0.0846** |
|
|
|
| (0.0338) |
|
|
| Logarithm of GDP |
| 0.151** |
|
|
|
| (0.0639) |
|
| Population growth |
| −0.189** |
|
|
|
| (0.0882) |
|
| Logarithm of domestic credit |
| 0.141** |
|
|
|
| (0.0579) |
|
| Logarithm of FDI |
| −0.00329 |
|
|
|
| (0.00665) |
|
| inflation |
| 0.000863 |
|
|
|
| (0.000789) |
|
| Lending interest rate |
| 0.00439* |
|
|
|
| (0.00220) |
|
| LD. Logarithm of total employment |
|
| 0.321* |
|
|
|
| (0.159) |
| L2D. Logarithm of total employment |
|
| −0.0356 |
|
|
|
| (0.165) |
| D.Logarithm of GDP |
|
| 0.0238 |
|
|
|
| (0.0146) |