Table 4 Results of non-spatial panel data models.
Determinant | Pooled OLS | Spatial fixed effects | Time-period fixed effects | Spatial and time-period fixed effects |
---|---|---|---|---|
LM spatial lag | 21.992*** | 63.924*** | 48.537*** | 64.943*** |
Robust LM spatial lag | 1.504 | 6.496** | 25.263*** | 14.323*** |
LM spatial error | 77.037*** | 72.265*** | 23.328*** | 53.390*** |
Robust LM spatial error | 56.550*** | 14.836*** | 0.054 | 2.770* |