(1)

(2)

(3)

(4)

(1)

VARIABLES

Growth

gap

pGDP

poor

SO2

ER

−0.0338^***

0.0238^*

0.108^***

−0.120

−1.118

(0.00479)

(0.0140)

(0.0388)

(0.174)

(1.463)

FDIGDP

−0.534

−4.201

−25.24^***

−3.976

892.4^***

(0.886)

(2.590)

(7.185)

(32.22)

(270.7)

proad

0.00207^***

0.00241

0.0534^***

−0.0719^**

0.935^***

(0.000773)

(0.00226)

(0.00627)

(0.0281)

(0.236)

RD

0.0376

−0.440^***

1.819^***

−7.280^***

−66.96^***

(0.0264)

(0.0771)

(0.214)

(0.960)

(8.063)

govGDP

−0.333

−3.437^***

−0.346

−50.67^***

−430.7^***

(0.209)

(0.611)

(1.695)

(7.602)

(63.87)

Constant

0.345^***

3.811^***

−0.187

30.34^***

189.6^***

(0.0738)

(0.216)

(0.598)

(2.682)

(22.54)

Observations

110

110

110

110

110

R-squared

0.345

0.344

0.643

0.501

0.449