Panel data regression results
| Variable | (1) | (2) | (3) | (4) |
|---|---|---|---|---|
| Pooled OLS | FE | FGLS | PCSE | |
| Dig | 0.207*** | 0.0509*** | 0.0488*** | 0.114*** |
| (0.0638) | (0.0161) | (0.0134) | (0.0352) | |
| Edu | −0.0715 | 0.0797*** | 0.0734*** | −0.0506 |
| (0.0480) | (0.0265) | (0.0241) | (0.0396) | |
| Labor | 0.182*** | 0.0523*** | 0.0554*** | 0.175*** |
| (0.0434) | (0.0115) | (0.00930) | (0.0444) | |
| Str | 0.616* | −0.119 | −0.0764 | 0.638*** |
| (0.350) | (0.0873) | (0.0694) | (0.237) | |
| Elec | −0.0224 | 0.0289* | 0.0317*** | −0.0250 |
| (0.0583) | (0.0142) | (0.0116) | (0.0531) | |
| Pgdp | −1.038*** | 0.0845 | 0.0760 | −0.548*** |
| (0.264) | (0.0766) | (0.0588) | (0.198) | |
| _cons | 10.68*** | −0.778 | −0.629 | 5.333*** |
| (2.931) | (0.853) | (0.708) | (1.964) | |
| F test | 292.63*** | |||
| Hausman test | 292.63*** | |||
| Modified Wald test | 141.29*** |
| Variable | (1) | (2) | (3) | (4) |
|---|---|---|---|---|
| Pooled | ||||
| 0.207*** | 0.0509*** | 0.0488*** | 0.114*** | |
| (0.0638) | (0.0161) | (0.0134) | (0.0352) | |
| −0.0715 | 0.0797*** | 0.0734*** | −0.0506 | |
| (0.0480) | (0.0265) | (0.0241) | (0.0396) | |
| 0.182*** | 0.0523*** | 0.0554*** | 0.175*** | |
| (0.0434) | (0.0115) | (0.00930) | (0.0444) | |
| 0.616* | −0.119 | −0.0764 | 0.638*** | |
| (0.350) | (0.0873) | (0.0694) | (0.237) | |
| −0.0224 | 0.0289* | 0.0317*** | −0.0250 | |
| (0.0583) | (0.0142) | (0.0116) | (0.0531) | |
| −1.038*** | 0.0845 | 0.0760 | −0.548*** | |
| (0.264) | (0.0766) | (0.0588) | (0.198) | |
| 10.68*** | −0.778 | −0.629 | 5.333*** | |
| (2.931) | (0.853) | (0.708) | (1.964) | |
| 292.63*** | ||||
| 292.63*** | ||||
| 141.29*** |
Note(s): *p < 0.10, **p < 0.05, ***p < 0.01; standard errors in parentheses
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