(1)

(2)

(3)

(4)

(1)

VARIABLES

Growth

pGDP

gap

poor

SO2

ER

−0.0419***

0.501

−0.0489***

−0.256***

−2.826*

(0.00740)

(0.385)

(0.00858)

(0.0785)

(1.472)

FDIGDP

−2.907***

−46.42

−0.635

7.025

569.3***

(0.739)

(38.39)

(0.857)

(7.837)

(147.0)

proad

−0.0206***

−0.150

0.0129***

−0.0602

0.995

(0.00376)

(0.196)

(0.00437)

(0.0399)

(0.749)

RD

0.0676***

1.368

0.00533

−1.321***

−10.32**

(0.0200)

(1.039)

(0.0232)

(0.212)

(3.976)

govGDP

1.274***

−7.804

−0.663*

3.819

−424.5***

(0.298)

(15.47)

(0.345)

(3.158)

(59.22)

Constant

0.787***

7.481

2.604***

6.746***

131.0***

(0.130)

(6.747)

(0.151)

(1.377)

(25.83)

Observations

121

121

121

121

121

R-squared

0.690

0.102

0.324

0.423

0.401