Table 2 Influencing factors of the optimal level of marketization.
From: Does marketization promote economic growth?—Empirical evidence from 26 transition countries
Misallocation | |||||
|---|---|---|---|---|---|
(1) | (2) | (3) | (4) | (5) | |
lngdppercap | 4.739*** | 4.583*** | |||
(0.000) | (0.000) | ||||
lnpop | −0.825*** | −0.289 | |||
(0.000) | (0.136) | ||||
lnpopdens | −1.112*** | −0.235 | |||
(0.000) | (0.256) | ||||
youthdep | −45.35*** | −31.21*** | |||
(0.000) | (0.000) | ||||
olddep | −56.72*** | −61.36*** | |||
(0.000) | (0.000) | ||||
2.lawdum | −9.256*** | −6.647*** | |||
(0.000) | (0.000) | ||||
3.lawdum | −4.376*** | −3.563*** | |||
(0.000) | (0.000) | ||||
4.lawdum | −7.267*** | −4.249*** | |||
(0.000) | (0.000) | ||||
lat | 0.116*** | −0.0858** | |||
(0.000) | (0.012) | ||||
t | 0.276*** | ||||
(0.000) | |||||
_cons | 18.92*** | 87.34*** | 96.13*** | 70.90*** | 52.43*** |
(0.000) | (0.000) | (0.000) | (0.000) | (0.000) | |
N | 604 | 596 | 604 | 604 | 604 |
R2 | 0.189 | 0.157 | 0.164 | 0.358 | 0.574 |
