Table 3 Panel results.
(1) | (2) | (3) | (4) | (5) | (6) | |
---|---|---|---|---|---|---|
Variables | Pooled OLS | Fixed-effects model | Random-effects model | |||
Cotransfers | 0.471*** | 0.434*** | 0.393*** | 0.354*** | 0.467*** | 0.414*** |
(0.048) | (0.061) | (0.058) | (0.073) | (0.048) | (0.063) | |
Logownrev | 0.306*** | 0.210*** | 0.294*** | 0.220*** | 0.322*** | 0.216*** |
(0.042) | (0.050) | (0.056) | (0.071) | (0.043) | (0.054) | |
Logpop | −0.054 | −0.079 | 1.804** | 1.001 | −0.021 | −0.066 |
(0.152) | (0.146) | (0.755) | (0.866) | (0.182) | (0.179) | |
Distance | −0.001 | −0.001 | −0.000 | −0.001 | ||
(0.001) | (0.001) | (0.001) | (0.001) | |||
2013. year | −0.210 | −0.212 | −0.206 | |||
(0.166) | (0.164) | (0.161) | ||||
2014. year | 0.111 | 0.095 | 0.118 | |||
(0.168) | (0.170) | (0.164) | ||||
2015. year | 0.302* | 0.263 | 0.308* | |||
(0.173) | (0.182) | (0.169) | ||||
2016. year | 0.428** | 0.246 | 0.399** | |||
(0.202) | (0.235) | (0.202) | ||||
2017. year | 0.137 | 0.050 | 0.141 | |||
(0.174) | (0.196) | (0.171) | ||||
2018. year | 0.340* | 0.287 | 0.356* | |||
(0.190) | (0.222) | (0.189) | ||||
2019. year | 0.385** | 0.319 | 0.402** | |||
(0.195) | (0.234) | (0.195) | ||||
Constant | 4.705** | 6.579*** | −15.976* | −5.145 | 4.163* | 6.625*** |
(1.908) | (1.979) | (8.127) | (9.898) | (2.211) | (2.332) | |
Observations | 136 | 136 | 136 | 136 | 136 | 136 |
R-squared | 0.507 | 0.573 | 0.519 | 0.566 | ||
Number of groups with ID | 17 | 17 | 17 | 17 |