Skip to main content
. Author manuscript; available in PMC: 2014 Jul 23.
Published in final edited form as: Am Econ Rev. 2012 Apr;102(2):994–1028. doi: 10.1257/aer.102.2.994

Table 4. Results for rated low-middle income countries; growth in real GDP (local currency units).

Fixed
effects
(1)
Country
time trend
(2)
Long
difference
(3)
ln(lights/area) 0.308***
[0.037]
0.270***
[0.043]
0.329***
[0.046]
Constant n/a n/a 0.365***
[0.028]
Observations 1953 1953 113
Number of isonv10 118 118 113
(Within-country) R-sq 0.780 0.903 0.301
Country fixed effects Yes Yes No
Year fixed effects Yes Yes No
Country time trend
No Yes No
Difference in ψ for good data countries
(reestimated base ψ not shown)
0.041
[0.063]
-0.013
[0.063]
0.095
[0.092]
Heteroskedasticity:
Breusch-Pagan p-value <0.00005 <0.00005 0.0396
Regression of squared residuals:
Good data dummy −0.0055*** [0.0017] −0.0017* [0.0010] −0.029 [0.018]

Robust standard errors in brackets

***

p<0.01

** p<0.05

*

p<0.1

In column 3, long differences are formed by averaging the first and last two years of levels data