Table 3 Regional dynamic spatial panel estimation results.

Medi_-1

− 0.1587**

[− 2.36]

− 0.1098**

[− 2.45]

0.2413**

[2.02]

0.2056**

[2.14]

− 0.1789**

[− 2.47]

− 0.1242**

[− 2.05]

0.2765**

[2.51]

0.2954***

[3.20]

Info

0.5905

[1.08]

0.6258

[0.97]

− 0.1259***

[− 2.63]

− 0.1332***

[− 2.79]

0.2004**

[2.33]

0.1829***

[2.75]

0.2305*** [3.31]

0.2127**

[2.55]

W × Info

–

0.2146

[1.12]

–

− 0.3259

[− 0.75]

–

0.3327**

[2.40]

–

0.2862**

[2.21]

Gove

0.1605

[0.65]

0.1478

[0.48]

0.1356**

[2.14]

0.1412**

[2.45]

0.1789

[1.21]

0.1721

[1.37]

0.1856**

[2.19]

0.1904*

[1.77]

Urban

0.5314

[0.87]

0.4187

[0.91]

0.3157**

[2.06]

0.3412**

[2.38]

0.4826***

[2.61]

0.5078***

[2.80]

0.2587**

[2.17]

0.2401*

[1.83]

Popu

− 0.1579***

[− 4.54]

− 0.1467***

[− 4.02]

− 0.1897***

[− 3.60]

− 0.1956***

[− 3.91]

0.1187

[0.35]

0.1298

[0.31]

− 0.1467**

[− 2.42]

− 0.1472**

[− 2.37]

Exter

0.4289

[1.04]

0.4898

[1.29]

0.3064

[1.12]

0.2965

[1.25]

0.2378***

[4.78]

0.2812***

[4.20]

0.3214**

[2.41]

0.3540**

[2.33]

ρ

− 2.7643***

[− 4.81]

− 2.9345***

[− 4.20]

2.1876***

[3.32]

2.1078***

[3.47]

− 2.4689***

[− 4.23]

− 2.3765***

[− 5.05]

3.0056***

[3.91]

3.1123***

[4.21]

Adj− R²

0.9987

0.9923

0.9789

0.9701

0.9865

0.9945

0.9902

0.9876

LogL

168.9357

165.8346

183.7745

174.0123

182.8965

187.2654

178.5632

169.4567

N

130

130

78

78

156

156

39

39