Table III Results of the model Model (1)... | Emerald Publishing

Table III

Results of the model

	Model (1)	Model (2)	Model (3)
Variables	Coefficients	Coefficients	Coefficients
Constant	0.002	0.002	–
TEA	0.003**	0.003**	0.003**
R&D	0.491***	0.424***	0.407***
HK	0.054***	0.058***	0.060***
TFP(−1)	–	0.148**	0.120*
F	12.414***	10.527***	11.406***
Dummy region	No	No	Yes
R²	0.629	0.640	0.652
AIC	−4.238	−4.258	−4.148
No. of observations	221	221	221

	Model (1)	Model (2)	Model (3)
Variables	Coefficients	Coefficients	Coefficients
Constant	0.002	0.002	–
TEA	0.003**	0.003**	0.003**
R&D	0.491***	0.424***	0.407***
HK	0.054***	0.058***	0.060***
TFP(−1)	–	0.148**	0.120*
F	12.414***	10.527***	11.406***
Dummy region	No	No	Yes
R²	0.629	0.640	0.652
AIC	−4.238	−4.258	−4.148
No. of observations	221	221	221

Notes: *,**,***Significant at 10, 5 and 1 per cent, respectively