Table 2

Benchmark regression results of the gravitation mechanism of the internet

ModelFEREFEREFEREFERE
Independent variableInternet scale, OintInternet penetration rate, OintMobile Internet scale, OmintMobile Internet penetration rate, Omint
lnInt−0.3582*** (0.0463)−0.4938*** (0.0434)−0.3624*** (0.0462)−0.4988*** (0.0441)−0.6590*** (0.0626)−0.7802*** (0.0506)−0.7251*** (0.0693)−0.8551*** (0.0557)
lnPgdp0.2987*** (0.0645)0.4076*** (0.0794)0.2927*** (0.0631)0.4008*** (0.0782)0.3746*** (0.0784)0.4700*** (0.0906)0.3800*** (0.0795)0.4758*** (0.0915)
lnPeo0.6633*** (0.1708)1.0022*** (0.0591)0.6536*** (0.1698)0.9972*** (0.0592)0.8554*** (0.1724)1.0677*** (0.0575)0.8678*** (0.1725)1.0766*** (0.0571)
lnPgov0.1071** (0.0427)0.0965* (0.0562)0.0995** (0.0421)0.0839 (0.0559)0.2218*** (0.0501)0.2172*** (0.0589)0.2305*** (0.0509)0.2266*** (0.0595)
lnEdu−0.0496 (0.0318)−0.0014 (0.0299)−0.0496 (0.0317)−0.0001 (0.0299)−0.0119 (0.0340)0.0204 (0.0303)−0.0078 (0.0345)0.0237 (0.0305)
_cons−7.0084*** (1.0174)−7.7843*** (0.6975)−14.3345*** (1.1421)−17.9366*** (0.5835)−3.2968*** (0.9610)−3.1982*** (0.7363)−17.3446*** (1.3194)−19.7697*** (0.6763)
N3,9903,9903,9903,9903,9903,9903,9903,990
R20.1390.1330.1380.1320.1960.1930.1990.197
Hausman492.25[0.0000]645.05[0.0000]278.28[0.0000]277.35[0.0000]

Note(s): ***, **, * denote that the variable is significant at the significance levels of 1% (0.01), 5% (0.05) and 10% (0.1), respectively, and the value within ( ) is the standard error of heteroscedasticity robustness of the estimated coefficient. This note also applies to the table below

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