Table 4 Results of our analysis Model 1...

Table 4

Results of our analysis

	Model 1	Model 2	Model 3	Model 4
D_PRIVATE	−5.299	−5.327	−5.351	−4.641
RD_REG	−0.004	0.015	0.005	0.007
ST_GDP_REG	0.002	−0.001*	−0.008	−0.002
MED_DEP	−2.833	−3.001	−3.549	−1.925
AGE	−0.055	−0.191	−0.124	−0.179
DIMENSION	0.300	−0.320	0.154	−0.126
INV_DISC	0.161*	0.113*	0.160*	0.098
ST_LEGAL	0.001*	0.001*	0.004*	0.001
EMP		6.785***		2.274
ENG			1.403	−3.828*
EMP*ENG				1.732**
F Value	9.60***	18.46***	8.69***	17.57***
R squared	0.56	0.73	0.57	0.77
Adjusted R squared	0.50	0.69	0.50	0.72
R Change		0.19	0.19	0.22

	Model 1	Model 2	Model 3	Model 4
D_PRIVATE	−5.299	−5.327	−5.351	−4.641
RD_REG	−0.004	0.015	0.005	0.007
ST_GDP_REG	0.002	−0.001*	−0.008	−0.002
MED_DEP	−2.833	−3.001	−3.549	−1.925
AGE	−0.055	−0.191	−0.124	−0.179
DIMENSION	0.300	−0.320	0.154	−0.126
INV_DISC	0.161*	0.113*	0.160*	0.098
ST_LEGAL	0.001*	0.001*	0.004*	0.001
EMP		6.785***		2.274
ENG			1.403	−3.828*
EMP*ENG				1.732**
F Value	9.60***	18.46***	8.69***	17.57***
R squared	0.56	0.73	0.57	0.77
Adjusted R squared	0.50	0.69	0.50	0.72
R Change		0.19	0.19	0.22