Table 3.
Variable | (I)cer | (Il)mer | (I)ver |
---|---|---|---|
LnER∗Lnti | 0.019 | 0.002∗∗∗ | 0.006∗∗∗ |
(1.24) | (2.49) | (4.87) | |
| |||
LnER∗Lnfs | 0.015∗ | 0.010∗∗∗ | 0.003∗∗∗ |
(1.80) | (4.50) | (1.98) | |
| |||
LnER∗Lnfdi | 0.017∗∗ | 0.002∗∗ | 0.004∗∗∗ |
(2.59) | (2.09) | (3.59) | |
| |||
_cons | −0.119∗∗∗ | −0.392∗∗∗ | −0.105∗∗ |
(−11.9) | (−5.27) | (−2.57) | |
| |||
Hausman test p value | 0.001 | 0.001 | 0.001 |
R-sq | 0.693 | 0.751 | 0.767 |
F statistic quantity | 14.35 | 64.24 | 61.10 |
Selection of the model | Fixed effects | Fixed effects | Fixed effects |
Sample size | 360 | 360 | 360 |
The data in the parentheses are t statistic quantities, ∗, ∗, and ∗∗∗ indicate that it is significant at the levels of 10%, 5%, and 1%, respectively.