Table 5 Baseline regression results.
1 | 2 | 3 | 4 | |
---|---|---|---|---|
SEC | SEC | SEC | SEC | |
Constant | −0.000 (−0.005) | 0.328*** (3.899) | 0.321*** (3.781) | 0.337*** (3.970) |
OSI | 0.025 (1.359) | 0.023 (1.278) | 0.025 (1.368) | 0.027 (1.484) |
Age | −0.015*** (−3.948) | −0.015*** (−3.962) | −0.015*** (−3.765) | |
Gender | 0.017 (0.651) | 0.017 (0.652) | ||
Urban | −0.059* (−2.228) | |||
N | 693 | 693 | 693 | 693 |
R² | 0.003 | 0.025 | 0.025 | 0.032 |
Adjusted R² | 0.001 | 0.022 | 0.021 | 0.027 |
F | 1.846 | 8.736*** | 5.960** | 5.737*** |