Table 5.

OLS model and GWR model estimation results.

Variant	GWR						OLS
	Minimum value	Upper quartile	Median	Lower quartile	Maximum values	Standard deviation
LNGDP	−0.104	0.046	0.019	−0.06	0.538	0.113	0.012
LNPOP	−0.190	−0.045	−0.084	−0.124	0.154	0.071	−0.027**
LNMARKET	−0.026	0.065	0.052	0.027	0.086	0.026	0.054***
TECH	−10.106	3.682	0.927	−3.296	34.935	8.048	0.093
IND	−1.831	0.103	−0.246	−0.397	0.393	0.406	−0.111
OPEN	−0.500	0.153	0.064	0.006	0.273	0.158	−0.096
LNSCI	−0.372	0.027	0.013	−0.01	0.062	0.073	−0.006
ENV	−0.736	−0.131	−0.196	−0.219	0.22	0.161	−0.145*
Intercept	−1.826	1.583	1.199	0.824	2.328	0.783	0.862
Bandwidth	0.17544
AICc	−611.97						−451.18
R 2	0.519914						0.104
R2 adjusted	0.508971
RSS	3.0747						5.726

Source: Compiled from software calculations.