Table 6 Endogeneity tests.
From: The impact of embedded global innovation networks on manufacturing value chains
Variables | One-period lag | GMM | IV | |||
|---|---|---|---|---|---|---|
(1) | (2) | (3) | (4) | (5) | (6) | |
D_b | 1.463*** | 7.218*** | 1.553*** | |||
(0.324) | (1.159) | (0.501) | ||||
D_d | 0.915*** | 3.623*** | 3.327*** | |||
(0.234) | (0.580) | (1.125) | ||||
Control | Yes | Yes | Yes | Yes | Yes | Yes |
Country | Yes | Yes | Yes | Yes | Yes | Yes |
Industry | Yes | Yes | Yes | Yes | Yes | Yes |
Time | Yes | Yes | Yes | Yes | Yes | Yes |
Constant | 14.496 | 19.891 | ||||
(19.824) | (19.816) | |||||
Obs | 8,478 | 8,478 | 8,423 | 8,423 | 9,036 | 9,036 |
Kleibergen-Paap rk LM statistic | 603.279 | 1206.561 | 392.137 | 233.336 | ||
(0.000) | (0.000) | (0.000) | (0.000) | |||
Kleibergen-Paap rk Wald F statistic | 653.606 | 1427.939 | 1168.524 | 428.245 | ||
