Table 5 Spatial spill-over effect regression results.
(13) | (14) | (15) | |
|---|---|---|---|
SDM | SAR | SLM | |
\(du \times dt\) | 0.0327*** (0.0092) | 0.0229*** (0.0085) | 0.0248*** (0.0078) |
LnFE | 0.0659*** (0.0156) | 0.0262* (0.0148) | 0.0598*** (0.0138) |
LnIND | 0.0108* (0.0066) | 0.0121** (0.0061) | 0.0090* (0.0056) |
LnPGDP | 0.4354*** (0.0299) | 0.0841*** (0.0122) | 0.3171*** (0.0271) |
LnURBAN | − 0.0579*** (0.0221) | − 0.0340* (0.0205) | − 0.0344* (0.0187) |
LnFDI | 0.0212*** (0.0031) | 0.0177*** (0.0022) | 0.0123*** (0.0021) |
LnTI | 0.0266*** (0.0079) | 0.0221*** (0.0071) | 0.0178*** (0.0067) |
\(\rho\)/\(\gamma\) | 0.7115*** (0.0463) | 0.5793*** (0.0502) | 0.8798*** (0.0251) |
\({\delta }^{2}\) | 0.0113*** (0.0003) | 0.0098*** (0.0002) | 0.0081*** (0.0002) |
Log-likelihood | 2902.0678 | 3162.7401 | 3473.7738 |
Observations | 3540 | 3540 | 3540 |
\(R^{2}\) | 0.1390 | 0.1504 | 0.1401 |
