Table 4

Empirical analysis result

VariableOverallDevelopedDeveloping
Model (1) coefficient (SE)Model (2) coefficient (SE)Model (1) coefficient (SE)Model (2) coefficient (SE)Model (1) coefficient (SE)Model (2) coefficient (SE)
Maxuimit−0.0426*** (0.0102)−0.0480*** (0.0108)−0.1668*** (0.0248)−0.1635*** (0.0259)−0.0232** (0.0115)−0.0248** (0.0121)
giniit0.1714*** (0.0530)0.2417*** (0.0673)−0.5704*** (0.1435)−0.6081*** (0.1680)−0.2059*** (0.0622)−0.0724 (0.0929)
overall–gloit 0.4678*** (0.0276) 0.6674*** (0.0566) 0.5383*** (0.0356)
ecogloit0.6046*** (0.0219) 0.6663*** (0.0407) 0.6496*** (0.0262) 
socigloit0.0581** (0.0234) 0.1560** (0.0659) 0.1488*** (0.0250) 
poligloit−0.2026*** (0.0178) −0.1994*** (0.0371) −0.2157*** (0.0189) 
_cons−8.5920 *** (2.9367)−0.7827 (3.5744)22.9297*** (6.0879)11.3351* (6.5312)20.9320*** (3.1315)10.6084 (4.5334)
Observations4,0104,0101,1651,1652,7142,716
R20.90870.93700.92920.95560.87100.9253

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