| |
Model 7
|
Model 8
|
Model 9
|
Model 10
|
Model 11
|
Model 12
|
|---|
|
Monopolistic sector
|
Non-finance monopolistic industries
|
Finance industry
|
Competitive sector
|
Non-manufacturing competitive industries
|
Manufacturing industry
|
|---|
|
Lagged variable
|
−.163* (.0753)
|
−.314* (.145)
|
−.487** (.211)
|
−.780*** (.0662)
|
−.796*** (.0860)
|
−.464*** (.0833)
|
|
Contribution to GDP
|
−.0103** (.00332)
|
−.00357 (.00333)
|
−.00187 (.0139)
|
− 0186** (.00592)
|
−.0192** (.00637)
|
−.0108* (.00587)
|
|
Foreign trade
|
−.000299*** (.000110)
|
.000164 (.000340)
|
.00130** (.000502)
|
.000644 (.000422)
|
.000722 (.000437)
|
.000222 (.000437)
|
|
FDI
|
−.000878 (.00179)
|
−.00345 (.00416)
|
−.00136 (.00272)
|
−.00142 (.00400)
|
.000506 (.00431)
|
−.0170*** (.00242)
|
|
GDP
|
−.0225 (.0588)
|
.0118 (.0709)
|
−.0145 (.167)
|
.219* (.0991)
|
.234* (.107)
|
.0797 (.113)
|
|
GDP per capita
|
.0256 (.0412)
|
−.00938 (.0306)
|
.113 (.0758)
|
−.0245 (.0311)
|
−.0308 (.0292)
|
.00124 (.0461)
|
|
Male workers as % of the workforce
|
−.000433 (.00165)
|
.000846 (.00229)
|
.00631** (.00241)
|
.00185 (.00159)
|
.00203 (.00183)
|
.00130 (.00188)
|
|
% of the workforce with a college degree or higher
|
.00516 (.00584)
|
.00127 (.00126)
|
.0287** (.0117)
|
−.0000440 (.00165)
|
−.000223 (.00177)
|
.000417 (.00118)
|
|
Years after 2008
|
−.0148 (.0347)
|
-
|
.157* (.0793)
|
-
|
-
|
-
|
|
Constant term
|
1.204 (1.307)
|
1.796 (1.504)
|
.136 (3.445)
|
−1.214 (2.578)
|
−1.486 (2.795)
|
.649 (2.598)
|
|
R
2
|
.58
|
.58
|
.59
|
.65
|
.64
|
.62
|
|
Sample size
|
112
|
79
|
112
|
79
|
79
|
79
|
- Note: (1) *p < 0.1, **p < 0.05, ***p < 0.01 (two-tailed test); (2) standard error in parenthesis
