Table 2 Estimation results of the benchmark model.
(1) | (2) | (3) | (4) | (5) | (6) | |
|---|---|---|---|---|---|---|
SA | SA | SA | SR | SR | SR | |
treat×post | 0.178*** (7.10) | 0.202*** (8.65) | 0.185*** (7.79) | −0.003 (−1.35) | −0.003 (−1.02) | −0.006** (−2.28) |
human | 0.028*** (6.33) | 0.018*** (3.62) | 0.004*** (7.01) | 0.003*** (5.61) | ||
gov | −0.002*** (−3.02) | −0.002*** (−3.47) | −0.000*** (−3.02) | −0.000* (−1.90) | ||
pgdp | 0.534*** (21.72) | 0.299*** (9.23) | −0.020*** (−6.54) | −0.036*** (−10.80) | ||
urban | 0.032*** (2.72) | 0.067*** (4.95) | 0.002 (1.40) | −0.001 (−0.46) | ||
fdi | −0.019*** (−5.88) | −0.017*** (−5.28) | 0.002*** (4.48) | 0.001*** (3.07) | ||
instr | 0.026*** (12.10) | 0.029*** (11.22) | 0.000 (1.02) | −0.000 (−1.45) | ||
Constant | −0.240*** (−3.52) | −4.880*** (−20.34) | −3.247*** (−10.55) | 0.797*** (119.45) | 0.988*** (32.93) | 1.120*** (35.37) |
Individual fixed | Yes | No | Yes | Yes | No | Yes |
Time fixed | Yes | Yes | Yes | Yes | Yes | Yes |
N | 3015 | 3015 | 3015 | 3015 | 3015 | 3015 |
R2 | 0.645 | 0.689 | 0.696 | 0.156 | 0.189 | 0.201 |
