Table 12.
Mechanism analysis.
Variable | GTI |
GTFP |
||||
---|---|---|---|---|---|---|
Direct effect | Spillover effect | Total effect | Direct effect | Spillover effect | Total effect | |
LnLHEE | 0.503*** (0.085) | 2.434*** (0.359) | 2.937*** (0.380) | |||
LnLHEE × LnGTI | 0.034*** (0.010) | 0.121*** (0.036) | 0.155*** (0.039) | |||
Control variables | YES | YES | YES | YES | YES | YES |
ρ | 0.777*** (0.026) | 0.777*** (0.026) | 0.777*** (0.026) | 0.520*** (0.051) | 0.520*** (0.051) | 0.520*** (0.051) |
N | 540 | 540 | 540 | 540 | 540 | 540 |
R2 | 0.407 | 0.407 | 0.407 | 0.171 | 0.171 | 0.171 |
Log-L | 1.107 | 1.107 | 1.107 | 7776.263 | 7776.263 | 7776.263 |
*p <10 %, **p <5 %, and ***p <1 %.