(1)

(2)

(3)

(4)

(5)

lnpergdp

lnpergdp

lnpergdp

lnpergdp

lnpergdp

city

0.374***

0.010

−0.041

−0.033

0.491***

(0.089)

(0.094)

(0.094)

(0.092)

(0.046)

year

0.502***

0.255*

0.185

0.221

0.220***

(0.121)

(0.114)

(0.113)

(0.112)

(0.051)

cityyear

0.384**

0.316*

0.372**

0.363**

−0.172**

(0.138)

(0.124)

(0.123)

(0.121)

(0.058)

lntrade

0.235***

0.108*

0.117*

-0.044

(0.033)

(0.051)

(0.050)

(0.023)

lnfdi

0.214**

0.289***

0.120***

(0.067)

(0.071)

(0.033)

lnstudent

−0.151**

−0.252***

(0.056)

(0.025)

lncapital

0.596***

(0.021)

_cons

10.527***

9.818***

9.967***

10.072***

7.035***

(0.062)

(0.113)

(0.120)

(0.124)

(0.122)

N

208

208

208

208

208

R2

0.473

0.579

0.600

0.614

0.922