Table 2 Instrumental variable regression results.
Variables | (1) | (2) | (3) |
|---|---|---|---|
LnDEit | 0.190*** (4.02) | 0.191*** (25.08) | 0.159*** (4.03) |
LnRSPit | – | – | − 0.019*** (− 3.29) |
LnAISit | – | – | 0.076*** (5.31) |
LnPGDPit | – | – | 0.328*** (21.02) |
LnIEit | – | – | 0.010 (0.98) |
SEit | – | – | 0.006*** (3.40) |
Time fixed effects | No | Yes | Yes |
Regional fixed effects | No | No | Yes |
N | 2565 | 2565 | 2565 |
R2 | 0.110 | 0.279 | 0.184 |