Fixed Effect Model

GDP Growth

0.0186402*

(2.45)

LnWAGE

0.5232329***

(4.59)

LnDINV

0.4290154***

(5.49)

LnAGGLO

0.744678***

(11.89)

LnPatents

−0.269614***

(−8.73)

(Constant)

0.0133659

(0.01)

Observations

272

F statistic of the model

299.12 (0.0000)

Adjusted R-square

0.8548