Table 7 Results of FMOLS estimation for... | Emerald Publishing

Table 7

Results of FMOLS estimation for pre-crisis and post-crisis

	Pre-crisis			Post-crisis
	ICTMob	ICTNet	ICTTel	ICTMob	ICTNet	ICTTel
High-income countries
ICTMob	0.91^***			0.37^***
ICTNet		1.06^***			1.28^***
ICTTel			0.80^***			0.27^***
Capital	1.00^***	1.92^***	1.34^***	1.23^***	1.09^***	1.74^***
Labour	0.04^***	0.05^***	0.08^***	0.06^***	0.10^***	0.13^***
FD	0.74^***	0.81^***	0.73^***	0.29^***	0.10^***	0.15^***
FDI	0.31^***	0.92^***	0.22^***	0.08^***	0.09^***	0.13^***
Trade	0.67^***	0.82^***	0.81^***	0.27^***	0.32^***	0.24^***
Middle-income countries
ICTMob	0.44^***			0.95^***
ICTNet		0.51^***			0.60^***
ICTTel			0.63^***			0.54^***
Capital	0.05^***	0.19^***	0.08^***	0.19^***	0.12^***	0.12^***
Labour	0.22^***	0.25^***	0.20^***	0.14^***	0.12^***	0.16^***
FD	0.51^***	0.58^***	0.46^***	0.05^***	0.04^***	0.08^***
FDI	0.26^***	0.33^***	0.28^***	0.18^***	0.19^***	0.17^***
Trade	1.13^***	1.01^***	1.10^***	0.02^***	0.13^***	0.14^***

	Pre-crisis			Post-crisis
	ICTMob	ICTNet	ICTTel	ICTMob	ICTNet	ICTTel
High-income countries
ICTMob	0.91^***			0.37^***
ICTNet		1.06^***			1.28^***
ICTTel			0.80^***			0.27^***
Capital	1.00^***	1.92^***	1.34^***	1.23^***	1.09^***	1.74^***
Labour	0.04^***	0.05^***	0.08^***	0.06^***	0.10^***	0.13^***
FD	0.74^***	0.81^***	0.73^***	0.29^***	0.10^***	0.15^***
FDI	0.31^***	0.92^***	0.22^***	0.08^***	0.09^***	0.13^***
Trade	0.67^***	0.82^***	0.81^***	0.27^***	0.32^***	0.24^***
Middle-income countries
ICTMob	0.44^***			0.95^***
ICTNet		0.51^***			0.60^***
ICTTel			0.63^***			0.54^***
Capital	0.05^***	0.19^***	0.08^***	0.19^***	0.12^***	0.12^***
Labour	0.22^***	0.25^***	0.20^***	0.14^***	0.12^***	0.16^***
FD	0.51^***	0.58^***	0.46^***	0.05^***	0.04^***	0.08^***
FDI	0.26^***	0.33^***	0.28^***	0.18^***	0.19^***	0.17^***
Trade	1.13^***	1.01^***	1.10^***	0.02^***	0.13^***	0.14^***

Note(s): ***p < 0.01