(1)

(2)

(3)

(4)

(5)

(6)

VARIABLES

LNFDI

LNFDI

LNFDI

LNFDI

LNFDI

LNFDI

LNCON

0.284^***

0.261^***

0.264^***

0.262^***

0.257^***

0.240^***

(0.0497)

(0.0501)

(0.0506)

(0.0524)

(0.0524)

(0.0544)

LNWAGE

0.167

0.170

0.194

0.218

0.128

(0.136)

(0.139)

(0.147)

(0.148)

(0.131)

LNRIG

−0.00742

−0.0170

−0.0179

−0.0184

(0.0185)

(0.0193)

(0.0192)

(0.0194)

LNOPEN

0.108^***

0.109^***

0.0945^***

(0.0318)

(0.0316)

(0.0296)

SYS

−0.0282

−0.0266

(0.0244)

(0.0246)

LNFIX

0.160^**

(0.0667)

MID

−1.315^***

−1.203^***

−1.207^***

−0.887^***

−0.881^***

−0.933^***

(0.0452)

(0.105)

(0.104)

(0.167)

(0.166)

(0.156)

WEST

−2.795^***

−2.703^***

−2.716^***

−2.523^***

−2.527^***

−2.204^***

(0.0689)

(0.108)

(0.104)

(0.137)

(0.138)

(0.227)

constant

6.840^***

5.407^***

5.421^***

5.511^***

5.360^***

5.726^***

(0.425)

(1.308)

(1.306)

(1.329)

(1.331)

(1.272)

Observations

570

570

570

570

570

570

R-squared

0.983

0.983

0.983

0.983

0.983

0.983

Number of region

30

30

30

30

30

30