Dependent var: Δ logarithm of total employment | (1) | (2) | (3) |
Variables | ADJ | LR | SR |
First lag of logarithm of total employment | −0.0328** |
|
|
| (0.0141) |
|
|
Logarithm of GDP |
| −0.415 |
|
|
| (0.368) |
|
Population growth |
| 1.280** |
|
|
| (0.544) |
|
Logarithm of domestic credit |
| 0.367** |
|
|
| (0.173) |
|