Benchmark regression results
| Variables | (1) | (2) | (3) | (4) |
|---|---|---|---|---|
| ln Infra | 0.534*** (0.036) | 0.240*** (0.035) | ||
| ln Dri | 1.503*** (0.136) | 1.102*** (0.060) | ||
| ln Eco | 1.127*** (0.069) | 0.562*** (0.053) | ||
| C1 | −1.229*** (0.036) | −0.535*** (0.066) | −0.312*** (0.075) | −0.213*** (0.051) |
| C2 | 0.100*** (0.028) | 0.305*** (0.029) | 0.131*** (0.026) | 0.191*** (0.025) |
| C3 | 0.890*** (0.045) | 0.654*** (0.067) | 0.475*** (0.078) | 0.237*** (0.046) |
| C4 | 0.094*** (0.013) | 0.044*** (0.015) | 0.011 (0.013) | −0.010 (0.012) |
| C5 | 0.009 (0.020) | 0.002 (0.027) | 0.127*** (0.044) | 0.074*** (0.019) |
| C6 | 0.175*** (0.031) | 0.165*** (0.044) | 0.253*** (0.063) | 0.190*** (0.028) |
| Year | Yes | Yes | Yes | Yes |
| Province | Yes | Yes | Yes | Yes |
| Observations | 2,412 | 2,412 | 2,412 | 2,412 |
| Adj. R2 | 0.750 | 0.790 | 0.783 | 0.812 |
| Variables | (1) | (2) | (3) | (4) |
|---|---|---|---|---|
| 0.534 | 0.240 | |||
| 1.503 | 1.102 | |||
| 1.127 | 0.562 | |||
| −1.229 | −0.535 | −0.312 | −0.213 | |
| 0.100 | 0.305 | 0.131 | 0.191 | |
| 0.890 | 0.654 | 0.475 | 0.237 | |
| 0.094 | 0.044 | 0.011 (0.013) | −0.010 (0.012) | |
| 0.009 (0.020) | 0.002 (0.027) | 0.127 | 0.074 | |
| 0.175 | 0.165 | 0.253 | 0.190 | |
| Year | Yes | Yes | Yes | Yes |
| Province | Yes | Yes | Yes | Yes |
| Observations | 2,412 | 2,412 | 2,412 | 2,412 |
| Adj. | 0.750 | 0.790 | 0.783 | 0.812 |
Notes:
In brackets are t-statistics; ***indicate that the coefficient is significant at a level of 1%
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