Table 4 Estimated results in SDM regressions.
2003–2003 | 2004–2014 | 2015–2020 | |||||||
|---|---|---|---|---|---|---|---|---|---|
LF | 0.001 (0.02) | −0.026*** (0.01) | 0.238*** (0.04) | ||||||
LTM | 0.003 (0.002) | −0.209** (0.11) | 0.508*** (0.18) | ||||||
LIM | −0.567*** (0.09) | −0.676 (0.87) | −0.019 (0.04) | ||||||
urban | 0.013*** (0.00) | 0.011*** (0.00) | 0.009*** (0.00) | 0.541 (0.40) | 0.577 (0.40) | 0.517 (0.39) | 0.524 (0.68) | 1.103 (0.68) | 1.066 (0.70) |
indu | 0.004 (0.02) | −0.001 (0.02) | 0.009 (0.02) | 1.287*** (0.22) | 1.367*** (0.22) | 1.348*** (0.22) | −0.140 (0.19) | −0.096 (0.19) | −0.141 (0.20) |
govern | 0.012*** (0.00) | 0.011*** (0.00) | 0.013*** (0.00) | −0.211*** (0.06) | −0.216*** (0.06) | −0.216*** (0.06) | 0.292 (0.25) | 0.240 (0.24) | 0.232 (0.25) |
open | 0.063 (0.06) | 0.109* (0.06) | 0.060 (0.06) | −1.188*** (0.35) | −1.166*** (0.35) | −1.205*** (0.35) | 3.488 (3.22) | 6.594** (3.23) | 5.342 (3.31) |
traffic | −0.010*** (0.00) | −0.010*** (0.00) | −0.008*** (0.00) | −0.026*** (0.01) | −0.025** (0.01) | −0.027** (0.01) | 0.0002 (0.02) | 0.001 (0.02) | −0.001 (0.02) |
tech | −0.012*** (0.00) | −0.012*** (0.00) | −0.013*** (0.00) | 0.029*** (0.00) | 0.029*** (0.00) | 0.029*** (0.00) | 0.047*** (0.00) | 0.054*** (0.00) | 0.055*** (0.00) |
W_LF | −0.203*** (0.03) | −0.016** (0.07) | 0.319** (0.13) | ||||||
W_LTM | 0.156*** (0.04) | 2.504** (1.18) | −4.822*** (1.02) | ||||||
W_LIM | −2.421*** (0.08) | −2.894*** (1.15) | −0.967* (0.55) | ||||||
W_urban | 0.112*** (0.03) | 0.049** (0.02) | 0.007 (0.03) | −2.694*** (0.71) | −2.289*** (0.75) | −2.744*** (0.71) | 1.335 (5.41) | −32.642*** (6.79) | −6.968 (5.46) |
W_indu | −0.948*** (0.34) | −0.004 (0.31) | 0.308 (0.23) | 2.211 (1.41) | 2.974** (1.46) | 1.683 (1.43) | −2.244 (1.70) | −2.021 (1.68) | −3.473 (1.80) |
W_govern | 0.017*** (0.00) | 0.011*** (0.00) | 0.019*** (0.00) | 0.527 (2.01) | 1.322 (2.04) | 0.558 (2.01) | 0.493 (1.24) | −4.125*** (1.40) | −0.310 (1.24) |
W_open | 5.179*** (1.70) | 7.406*** (2.10) | 2.264 (1.72) | −26.517*** (8.54) | −15.095 (9.81) | −24.308*** (8.56) | 8.001 (17.07) | −11.971 (16.80) | 0.751 (17.14) |
W_traffic | −0.044 (0.04) | −0.025 (0.04) | −0.010 (0.04) | −0.033 (0.03) | −0.054 (0.04) | −0.025 (0.03) | −0.130 (0.22) | −0.294* (0.18) | −0.264 (0.21) |
W_tech | −0.011 (0.02) | −0.024 (0.02) | −0.035** (0.01) | −0.014*** (0.00) | −0.016*** (0.00) | −0.017*** (0.00) | −0.025*** (0.00) | −0.023** (0.01) | −0.014 (0.10) |
sigma2_e | 0.001*** (0.00) | 0.002*** (0.00) | 0.002*** (0.00) | 0.870*** (0.04) | 0.874*** (0.04) | 0.872*** (0.04) | 1.310*** (0.07) | 1.321*** (0.07) | 1.393 (1.12) |
Rho | −0.413*** (0.01) | −0.394*** (0.01) | −0.639*** (0.01) | 0.297*** (0.06) | 0.311*** (0.06) | 0.352*** (0.06) | 0.604*** (0.10) | 0.595*** (0.01) | 0.416*** (0.09) |
R2 | 0.196 | 0.138 | 0.225 | 0.505 | 0.486 | 0.474 | 0.590 | 0.475 | 0.594 |
N | 216 | 216 | 216 | 1188 | 1188 | 1188 | 648 | 648 | 648 |
