Table 9 Driscoll-Kraay robust standard error regression estimates with fixed effects.
Variables | Model 1 (Dependent variable EF) | Model 2 (Dependent variable EF) |
---|---|---|
FinTech | -5.990*** (0.001) | -7.770*** (0.004) |
GTE | -0.702** (0.034) | |
FinTech × GTE | -6.410*** (0.002) | |
FDI | -0.048*** (0.000) | -0.0377*** (0.000) |
IND | 0.016** (0.019) | 0.026*** (0.001) |
LGDP | 1.178*** (0.000) | 1.231*** (0.000) |
Const_ | -1.488*** (0.000) | -1.942*** (0.000) |
N. of observations | 192 | 192 |
Group of countries | 6 | 6 |
R-squared | 0.679 | 0.729 |