Table 7 Additional test [based on actual...

Table 7

Additional test [based on actual number of Internet users]

	Model-[7]	Model- [8]	Model- [9]
	DV = LNTIU
	POLS	REM	FEM
GDPGR	0.061^*** [0.017]	0.030^*** [0.011]	0.027^*** [0.010]
INF	−0.067^*** [0.017]	−0.014 [0.016]	−0.010 [0.016]
LNDCPS	1.752^*** [0.101]	1.129^*** [0.172]	0.890^*** [0.173]
LNGCP	0.814^*** [0.175]	0.399^* [0.222]	0.403^** [0.188]
FDI	−0.029^*** [0.010]	−0.007 [0.011]	−0.005 [0.011]
LNGCE	0.315^*** [0.019]	0.578^*** [0.074]	1.551^*** [0.420]
PGR	0.097 [0.080]	0.040 [0.141]	−0.028 [0.157]
LNTRADE	−0.622^*** [0.118]	0.016 [0.328]	0.466 [0.291]
UNM	0.033 [0.026]	0.123^*** [0.042]	0.093^** [0.043]
URBAN	0.025^*** [0.004]	0.020^* [0.012]	0.027 [0.035]
POL	−1.333^*** [0.085]	0.340^** [0.135]	0.547^*** [0.139]
COR	0.162 [0.115]	−0.034 [0.249]	−0.023 [0.266]
YD	−4.234^*** [0.990]	−10.837^*** [2.720]	−39.481^*** [12.016]
# of observations	445	445	445
F stat/χ²	149.555^***	1909.32^***	67.86^***
BPLM test		1485.410^***
Hausman test			74.460^***
R²	0.878	0.6717	0.845
# of countries		29	29

	Model-[7]	Model- [8]	Model- [9]
	DV = LNTIU
	POLS	REM	FEM
GDPGR	0.061^*** [0.017]	0.030^*** [0.011]	0.027^*** [0.010]
INF	−0.067^*** [0.017]	−0.014 [0.016]	−0.010 [0.016]
LNDCPS	1.752^*** [0.101]	1.129^*** [0.172]	0.890^*** [0.173]
LNGCP	0.814^*** [0.175]	0.399^* [0.222]	0.403^** [0.188]
FDI	−0.029^*** [0.010]	−0.007 [0.011]	−0.005 [0.011]
LNGCE	0.315^*** [0.019]	0.578^*** [0.074]	1.551^*** [0.420]
PGR	0.097 [0.080]	0.040 [0.141]	−0.028 [0.157]
LNTRADE	−0.622^*** [0.118]	0.016 [0.328]	0.466 [0.291]
UNM	0.033 [0.026]	0.123^*** [0.042]	0.093^** [0.043]
URBAN	0.025^*** [0.004]	0.020^* [0.012]	0.027 [0.035]
POL	−1.333^*** [0.085]	0.340^** [0.135]	0.547^*** [0.139]
COR	0.162 [0.115]	−0.034 [0.249]	−0.023 [0.266]
YD	−4.234^*** [0.990]	−10.837^*** [2.720]	−39.481^*** [12.016]
# of observations	445	445	445
F stat/χ²	149.555^***	1909.32^***	67.86^***
BPLM test		1485.410^***
Hausman test			74.460^***
R²	0.878	0.6717	0.845
# of countries		29	29

Note(s): Robust standard errors in parentheses ***p < 0.01, **p < 0.05, *p < 0.1. BPLM: Breusch Pagan Lagrangian Multiplier Test. POLS: pooled ordinary least squares, REM: random-effects model, FEM: fixed-effects model and YD: year dummies

Equation: ${LNTIU}_{i, t} = α_{0} + β_{1} {GDPGR}_{i, t} + β_{2} {INFR}_{i, t} + β_{3} {DCPS}_{i, t} + β_{4} LN {GCP}_{i, t} + β_{5} {FDI}_{i, t} + β_{6} {LNGCE}_{i, t} + β_{7} {PGR}_{i, t} + β_{8} {LNTRADE}_{i, t} + β_{9} {UNMR}_{i, t} + β_{10} {URBAN}_{i, t} + \partial_{1} {COR}_{i, t} + \partial_{2} {POL}_{i, t} + {γ D}_{t} + ε_{i, t}$

Source(s): Authors

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