Fixed Effect Model

GDP Growth

0.0354196*

(2.19)

LnWAGE

0.428594

(1.26)

LnDINV

0.7016422**

(2.79)

LnAGGLO

0.4056939***

(4.96)

LnPatents

−0.2728365***

(−3.42)

(Constant)

−6.030654

(−1.92)

Observations

339

F statistic of the model

175.88 (0.0000)

Adjusted R-square

0.7357