Table 11 Heterogeneity analysis of different time periods.
Variables | 2006–2013 | 2014–2021 |
---|---|---|
lnTP1 | −0.022 | −0.178*** |
(0.060) | (0.055) | |
lnPGDP | 0.087 | −0.792*** |
(0.057) | (0.103) | |
lnECS | 0.089** | −0.023 |
(0.039) | (0.024) | |
lnIS | −0.040 | −0.100** |
(0.042) | (0.052) | |
lnEP | −0.187* | 0.075 |
(0.112) | (0.218) | |
lnGI | 0.235*** | 0.030 |
(0.061) | (0.078) | |
W*lnTP1 | −0.131 | −0.264** |
(0.132) | (0.131) | |
W*lnPGDP | −0.121 | 0.611*** |
(0.116) | (0.120) | |
W*lnECS | 0.071 | −0.012 |
(0.091) | (0.046) | |
W*lnIS | 0.024 | 0.148 |
(0.102) | (0.110) | |
W*lnEP | 0.056 | −0.375 |
(0.194) | (0.478) | |
W*lnGI | −0.297** | 0.042 |
(0.129) | (0.147) | |
N | 240 | 240 |
R2 | 0.291 | 0.266 |
FE | YES | YES |