| 
 | (1) GIE | (2) GIE | 
| DE | −3.642*** | −3.723*** | 
| 
 | (0.917) | (0.791) | 
| DE2 | 5.633*** | 5.750*** | 
| 
 | (1.652) | (1.426) | 
| IS | 
 | 0.082 | 
| 
 | 
 | (0.135) | 
| G | 
 | 0.008 | 
| 
 | 
 | (0.255) | 
| FDI | 
 | 4.363* | 
| 
 | 
 | (2.350) | 
| MAR | 
 | 0.025 | 
| 
 | 
 | (0.024) | 
| _cons | 0.824*** | 0.358 | 
| 
 | (0.080) | (2.887) | 
| N | 300.000 | 300.000 | 
| r2 | 0.779 | 0.787 | 
| id | Yes | Yes | 
| year | Yes | Yes |