Explanatory variable & control variables

FE

RE

$\ln PerEd{u}_{it}$

0.3199*

(0.098)

0.4169***

(0.000)

$\ln PerAsIn{v}_{it}$

0.1797***

(0.004)

0.1635**

(0.017)

$LnlnLabo{r}_{it}$

1.1226

(0.373)

0.0489

(0.822)

$\ln PerTe{l}_{it}$

0.0049

(0.976)

0.4329

(0.553)

_cons

−1.4255

(0.815)

6.6100***

(0.000)

R-squared

0.8792

0.8776

F

33.03

621.17