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Temporal effect analysis.
| Variable | Direct effect | Spillover effect | Total effect |
|---|---|---|---|
| LnLHEE | 0.032 (0.041) | 0.110 (0.133) | 0.142 (0.145) |
| LnLHEEt-1 | 0.046 (0.038) | 0.283** (0.114) | 0.329*** (0.120) |
| Control variables | YES | YES | YES |
| ρ | 0.532*** (0.053) | 0.532*** (0.053) | 0.532*** (0.053) |
| N | 510 | 510 | 510 |
| R2 | 0.229 | 0.229 | 0.229 |
| Log-L | 514.329 | 514.329 | 514.329 |
*p <10 %, **p <5 %, and ***p <1 %.
