Table 2 Baseline regression results.
From: How does inter-provincial trade promote economic growth? Empirical evidence from Chinese provinces
Baseline regression | |||||
|---|---|---|---|---|---|
Variables | (1) | (2) | (3) | (4) | (5) |
\({{\rm{lntrade}}}\) | 0.325*** (4.77) | 0.290*** (4.22) | 0.310*** (4.51) | 0.203*** (3.93) | 0.191*** (4.06) |
\({{\rm{lninterna}}{\_}{\rm{trade}}}\) | 0.174*** (3.69) | 0.126*** (3.22) | 0.059* (1.84) | 0.060** (2.47) | |
\({\rm{lnpatents}}\) | 0.108*** (3.35) | 0.048** (2.18) | 0.034 (1.52) | ||
\({{\rm{lncap}}}\) | 0.282*** (4.86) | 0.272*** (5.06) | |||
\({\mathrm{ln}}{\rm{h}}{\_}{\mathrm{cap}}\) | 1.395*** (4.15) | ||||
Constant | 7.106*** (10.88) | 6.142*** (9.80) | 5.397*** (7.97) | 4.970*** (8.24) | 2.307** (2.62) |
Observations | 638 | 638 | 638 | 638 | 638 |
R-squared | 0.979 | 0.982 | 0.984 | 0.989 | 0.991 |
Fixed effect | Yes | Yes | Yes | Yes | Yes |
F test | 0.000*** | ||||
BP test | 0.000*** | ||||
Hausman test | 0.000*** | ||||