Table 3 Benchmark regression results.
Variable | ace | ace |
---|---|---|
dif | 0.1169*** (2.64) | 0.7662*** (3.50) |
dif2 | −0.1019*** (−3.03) | |
ur | 0.8594*** (6.38) | 0.9660*** (7.03) |
od | 0.0315* (1.87) | 0.0323* (1.95) |
ti | −0.0198 (−0.59) | −0.0115 (−0.35) |
ac | 0.0138** (2.50) | 0.0152*** (2.79) |
R2 | 0.9965 | 0.9966 |
N | 330 | 330 |
Time fixed | YES | YES |
Spatial fixed | YES | YES |