Table 4.
Results of dynamic threshold regression.
Coef. | Std.Err. | z | P > |z| | 95% Conf. Interval | ||
---|---|---|---|---|---|---|
L1. | 0.214 *** | 0.015 | 14.01 | 0.000 | 0.184 | 0.244 |
L2. | 0.181 *** | 0.013 | 13.56 | 0.000 | 0.155 | 0.207 |
URB | 0.664 *** | 0.095 | 6.95 | 0.000 | 0.477 | 0.851 |
ENE | −0.845 *** | 0.223 | −3.79 | 0.000 | −1.282 | −0.408 |
IND | −0.738 *** | 0.092 | −7.98 | 0.000 | −0.919 | −0.557 |
FDI | −0.011 | 0.018 | −0.62 | 0.537 | −0.047 | 0.024 |
INO | −0.090 *** | 0.014 | −6.36 | 0.000 | −0.117 | −0.062 |
HAZ(REG ≤ 0.810) | 1.168 *** | 0.241 | 4.85 | 0.000 | 0.696 | 1.640 |
HAZ(REG > 0.810) | −0.105 *** | 0.031 | -3.39 | 0.001 | −0.166 | −0.044 |
_cons | 1.260 *** | 0.079 | 16.01 | 0.000 | 1.106 | 1.415 |
*** p < 0.01; ** p < 0.05; * p < 0.1.