Table 5.
Energy poverty and TFP: the channel of human capital
| Model (3SLS) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| (1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | (9) | (10) | (11) | (12) | |
| Dep. var | ||||||||||||
| TFP | TFP | TFP | TFP | TFP | TFP | TFPc | TFPc | TFPc | TFPc | TFPc | TFPc | |
| Cap | −0.0003*** | −0.0003*** | −0.0003*** | −0.0003*** | −0.0003*** | −0.0003*** | −0.0005*** | −0.0005*** | −0.0005*** | −0.0005*** | −0.0005*** | −0.0005*** |
| [0.0000] | [0.0000] | [0.0000] | [0.0000] | [0.0000] | [0.0000] | [0.0000] | [0.0000] | [0.0000] | [0.0000] | [0.0000] | [0.0000] | |
| HC | 0.0294 | 0.0183 | 0.0289 | 0.0188 | 0.0208 | 0.0457** | 0.5517*** | 0.4830*** | 0.5046*** | 0.4944*** | 0.5916*** | 0.5625*** |
| [0.0182] | [0.0167] | [0.0177] | [0.0172] | [0.0192] | [0.0186] | [0.0330] | [0.0287] | [0.0318] | [0.0296] | [0.0363] | [0.0341] | |
| Trade | 0.0002 | 0.0002 | 0.0003* | 0.0002 | 0.0002 | 0.0002 | 0.0005* | 0.0004* | 0.0006** | 0.0004 | 0.0004 | 0.0005 |
| [0.0002] | [0.0002] | [0.0002] | [0.0002] | [0.0002] | [0.0002] | [0.0003] | [0.0003] | [0.0003] | [0.0003] | [0.0003] | [0.0003] | |
| FDI | −0.0002 | −0.0005 | −0.0006 | −0.0004 | 0.0007 | 0.0005 | −0.0040*** | −0.0034*** | −0.0053*** | −0.0030** | −0.0032** | −0.0044*** |
| [0.0009] | [0.0009] | [0.0010] | [0.0009] | [0.0010] | [0.0009] | [0.0013] | [0.0013] | [0.0013] | [0.0013] | [0.0013] | [0.0013] | |
| Constant | 1.0622*** | 1.0693*** | 1.0596*** | 1.0688*** | 1.0633*** | 1.0508*** | 0.2607*** | 0.2940*** | 0.3052*** | 0.2860*** | 0.2423*** | 0.2626*** |
| [0.0174] | [0.0168] | [0.0177] | [0.0170] | [0.0179] | [0.0176] | [0.0307] | [0.0281] | [0.0309] | [0.0286] | [0.0327] | [0.0315] | |
| N | 675 | 717 | 681 | 717 | 630 | 630 | 675 | 717 | 681 | 717 | 630 | 630 |
| R-squared | 0.0985 | 0.0994 | 0.1002 | 0.0993 | 0.1097 | 0.0905 | 0.0418 | 0.1277 | 0.0368 | 0.1175 | −0.0212 | 0.0161 |
| Dep. var | ||||||||||||
| HC | HC | HC | HC | HC | HC | HC | HC | HC | HC | HC | HC | |
| Income | 0.1388*** | 0.0906*** | 0.1360*** | 0.1387*** | 0.2047*** | 0.1411*** | 0.1754*** | 0.1344*** | 0.1627*** | 0.1750*** | 0.2035*** | 0.1660*** |
| [0.0116] | [0.0094] | [0.0087] | [0.0082] | [0.0072] | [0.0089] | [0.0091] | [0.0077] | [0.0068] | [0.0070] | [0.0071] | [0.0072] | |
| Trade | −0.0002 | −0.0000 | 0.0002 | −0.0004* | −0.0004 | −0.0005* | −0.0003 | −0.0002 | 0.0001 | −0.0005** | −0.0004 | −0.0005* |
| [0.0003] | [0.0002] | [0.0002] | [0.0002] | [0.0003] | [0.0003] | [0.0003] | [0.0002] | [0.0002] | [0.0002] | [0.0003] | [0.0003] | |
| EP1 | −0.0024*** | −0.0013*** | ||||||||||
| [0.0003] | [0.0003] | |||||||||||
| EP2 | −0.0047*** | −0.0033*** | ||||||||||
| [0.0003] | [0.0003] | |||||||||||
| EP3 | −0.0028*** | −0.0020*** | ||||||||||
| [0.0002] | [0.0002] | |||||||||||
| EP4 | −0.0049*** | −0.0030*** | ||||||||||
| [0.0004] | [0.0003] | |||||||||||
| EP5 | 0.0003 | 0.0006*** | ||||||||||
| [0.0002] | [0.0001] | |||||||||||
| EP6 | 0.0033*** | 0.0023*** | ||||||||||
| [0.0003] | [0.0002] | |||||||||||
| Constant | −0.2191** | 0.1748** | −0.2136*** | −0.2482*** | −0.8648*** | −0.5239*** | −0.5552*** | −0.1989*** | −0.4474*** | −0.5572*** | −0.8730*** | −0.6648*** |
| [0.1042] | [0.0802] | [0.0750] | [0.0687] | [0.0557] | [0.0598] | [0.0808] | [0.0657] | [0.0581] | [0.0582] | [0.0555] | [0.0522] | |
| N | 675 | 717 | 681 | 717 | 630 | 630 | 675 | 717 | 681 | 717 | 630 | 630 |
| R-squared | 0.6052 | 0.6887 | 0.6589 | 0.6564 | 0.5710 | 0.6185 | 0.5991 | 0.6778 | 0.6529 | 0.6434 | 0.5664 | 0.6171 |
Standard errors are in brackets; *, **, and *** denote significance levels at 10%, 5%, and 1%, respectively