Table 6.

Regression results

Dependent variable: LogGW
Pooled OLSFixed effectRandom effectFeasible GLS
LogFP0.401*** (7.14)0.500*** (11.04)0.500*** (11.28)0.121** (2.82)
LogAP0.159*** (2.8)0.183** (1.97)0.192** (1.87)0.373*** (6.66)
AFF0.051*** (5.17)0.066*** (10.74)0.067*** (11.27)−0.026*** (4.22)
LogL0.608** (2.025)0.552 (1.532)0.495** (1.873)0.287* (1.743)
LogK0.325* (1.663)0.289** (1.982)0.211*** (2.792)0.189* (1.754)
INF−0.006 (−0.46)−0.0019 (−0.48)−0.002 (−0.49)−0.0006 (−0.03)
TRD0.0063 (1.36)0.0049** (2.94)0.0048* (1.597)−0.007** (−1.743)
C19.09*** (26.88)18.28*** (17.81)18.63*** (16.35)19.18*** (34.91)
F-test (model)216.48192.03998.13232.25
F-test (sign)0.0000.0000.0000.000
R20.8840.8790.879--
N147147147147

Notes:

Here t-statistics given in parentheses; * p < 0.05; ** p <* 0.01; *** p < 0.001

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