Table 5 Regression results on the relationship between the level of marketization and per capita output.
From: Does marketization promote economic growth?—Empirical evidence from 26 transition countries
(1) | (2) | (3) | (4) | |
|---|---|---|---|---|
\(\mathrm{ln}(k)\) | 0.3180*** | 0.3452*** | 0.3156*** | |
(0.000) | (0.000) | (0.000) | ||
\(\mathrm{ln}(l)\) | 0.6178*** | 0.6023*** | 0.6223*** | |
(0.000) | (0.000) | (0.000) | ||
\(\mathrm{ln}({ef})\) | −0.0643 | |||
(0.3800) | ||||
\(\mathrm{ln}(k\times {ef})\) | 0.2164*** | |||
(0.000) | ||||
\(\mathrm{ln}(l\times {ef})\) | 0.5687*** | |||
(0.000) | ||||
\(c\) | 0.0079 | 0.0007 | 0.0100 | −0.0023 |
(0.93) | (0.95) | (0.210) | (−0.8100) | |
F | 362.43 | 239.78 | 352.47 | 296.93 |
D.W. | 1.87 | 1.86 | 1.91 | 1.87 |
N | 572 | 572 | 572 | 572 |
R2 | 0.569 | 0.567 | 0.583 | 0.542 |
