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***

  1. *, ** and *** denote p < 0.10, p < 0.05 and p < 0.01, and t-value is shown in brackets.