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Table 1 Foreign trade, FDI, and sectoral income levels (2000–2014)

From: Global market and income gaps between industries: evidence from finance industry and manufacturing industry

 

Model 1

Model 2

Model 3

Model 4

Model 5

Model 6

Monopolistic sector

Non-finance monopolistic industries

Finance industry

Competitive sector

Non-manufacturing competitive industries

Manufacturing industry

Lagged variable

−.338*** (.0546)

−.388*** (.0807)

−.407*** (.0768)

−.450*** (.0755)

−.478*** (.0768)

−.496*** (.0626)

Contribution to GDP

−.00354 (.00451)

.000189 (.00347)

.00394 (.00685)

−.00604 (.00511)

−.00638 (.00560)

−.00207 (.00450)

Foreign trade

−.000278* (.000141)

.0000737 (.000252)

.00122*** (.000311)

.000263 (.000394)

.000298 (.000427)

.000400 (.000347)

FDI

.00271 (.00170)

.000150 (.00305)

−.00120 (.00296)

−.00223 (.00322)

−.000265 (.00340)

−.0178*** (.00390)

GDP

−.0598 (.0559)

.0531 (.0628)

−.0346 (.0827)

.0372 (.0691)

.0399 (.0750)

.0773 (.0888)

GDP per capita

.118** (.0521)

.0245 (.0410)

.0981* (.0493)

.0146 (.0365)

.0171 (.0398)

.00236 (.0445)

Male workers as % of the workforce

.000452 (.000804)

.00161 (.00215)

.00506*** (.00155)

−.000425 (.00252)

−.000730 (.00272)

.00311 (.00270)

% of the workforce with a college degree or higher

.0136*** (.00267)

−.000811 (.00132)

.0260*** (.00510)

−.00159 (.00111)

− 00170 (.00119)

−.000786 (.00152)

Years after 2008

.125*** (.0333)

.176*** (.0502)

.243*** (.0551)

.0676*** (.0237)

.0715*** (.0255)

.323*** (.0735)

Constant term

1.594 (1.033)

.453 (1.368)

.523 (1.645)

1.311 (1.613)

1.371 (1.746)

.398 (1.976)

R 2

.50

.53

.62

.50

.48

.52

Sample size

321

220

321

218

218

220

  1. Note: (1) *p < 0.1, **p < 0.05, ***p < 0.01 (two-tailed test); (2) standard error in parenthesis