Table 9 DPTM estimated result with AI as threshold variables.
Threshold | AI | |||||
---|---|---|---|---|---|---|
Dependent variable | EF | CE | ETR | |||
Model | Model T7 | Model T8 | Model T9 | |||
Result | Lower estimation | Threshold effect | Lower estimation | Threshold effect | Lower estimation | Threshold effect |
L.y | 0.2657*** | −0.1641* | 0.1366*** | 0.0522 | 0.8038*** | −0.0186 |
(0.0706) | (0.0861) | (0.0265) | (0.1053) | (0.0117) | (0.0133) | |
lnAI | −0.0005 | −0.1401*** | 0.0007* | −0.0804*** | 0.0607*** | 0.0423** |
(0.0025) | (0.0497) | (0.0004) | (0.0218) | (0.0044) | (0.0188) | |
lntnrr | 0.0768*** | −0.1207*** | 0.0154*** | −0.0406*** | −0.0321*** | −0.0047 |
(0.0120) | (0.0249) | (0.0033) | (0.0145) | (0.0089) | (0.0126) | |
lnurb | −1.6172** | 2.3897*** | 0.8507** | 0.8214*** | −0.0008 | −0.2824 |
(0.6282) | (0.6627) | (0.3375) | (0.2650) | (0.6469) | (0.1967) | |
lngov | −0.7814*** | −0.3028 | 0.0118 | 0.0106 | 0.3598*** | −0.6922*** |
(0.1260) | (0.2633) | (0.0563) | (0.1079) | (0.1107) | (0.1134) | |
lnpgdp | 0.5660*** | −0.9165*** | 0.1795*** | −0.5368*** | 0.1532 | −0.7031*** |
(0.1337) | (0.2155) | (0.0448) | (0.1530) | (0.1172) | (0.1080) | |
lnfes | −0.1310 | −0.0672 | 1.2061*** | 1.7188*** | 1.1132*** | 0.3808 |
(0.2515) | (0.5315) | (0.1431) | (0.2702) | (0.2623) | (0.2744) | |
lnpeu | −0.5778*** | −0.0867 | 0.3848*** | 0.1724*** | −0.8041*** | 0.4192*** |
(0.1263) | (0.0830) | (0.0536) | (0.0441) | (0.0822) | (0.0576) | |
cons | 1.4421 | −5.8877*** | 5.3759*** | |||
(2.3173) | (1.2003) | (0.9438) |