| X | M | GDP | R&D | R-squared | r2_a |
Model5 |
| 0.719*** | 0.036 | 0.304*** | 0.889 | 0.877 |
Model6 | 0.499*** |
| −0.022 | 0.099 | 0.669 | 0.632 |
Model7 |
| 0.404*** | 0.019 | 0.202*** | 0.936 | 0.927 |