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