| ∆ Log LP | ∆ Log TFP | ||||
---|---|---|---|---|---|---|
 | (1) | (2) | (3) | (4) | (5) | (6) |
 | POLS | FE | IV | POLS | FE | IV |
∆ Log ProductivityL | 0.158 (0.024)*** | 0.211 (0.028)*** | – | 0.150 (0.026)*** | 0.213 (0.031)*** | – |
Log Relative Productivity | −0.022 (0.008)*** | −0.023 (0.009)** | −0.020 (0.010)** | −0.021 (0.012)* | −0.032 (0.014)** | −0.019 (0.012)* |
EPL | 0.009 (0.003)*** | 0.010 (0.007)* | 0.009 (0.002)*** | 0.011 (0.003)*** | 0.009 (0.005)* | 0.010 (0.002)*** |
EPL*FJR | −0.166 (0.051)*** | −0.178 (0.052)*** | −0.110 (0.040)*** | −0.140 (0.053)*** | −0.146 (0.053)*** | −0.111 (0.032)*** |
TE | −0.040 (0.017)*** | −0.056 (0.022)** | −0.087 (0.052)* | −0.061 (0.015)*** | −0.051 (0.021)** | −0.112 (0.047)*** |
TE*SSII | −0.071 (0.017)*** | −0.081 (0.018)*** | −0.043 (0.011)*** | −0.016 (0.011)* | −0.017 (0.009)** | −0.018 (0.011)* |
TUD | −0.001 (0.001)_ | −0.002 (0.001)* | −0.005 (0.003)* | −0.001 (0.001)_ | −0.002 (0.004)_ | −0.003 (0.004)_ |
PMR | −0.001 (0.000)** | −0.001 (0.001)_ | −0.008 (0.002)*** | −0.001 (0.001)_ | −0.001 (0.002)_ | −0.001 (0.002)_ |
CONSTANT | 0.021 (0.005)*** | – | – | 0.013 (0.004)*** | – | – |
COUNTRY DUMMIES | NO | YES | YES | NO | YES | YES |
YEAR DUMMIES | NO | YES | YES | NO | YES | YES |
SECTOR DUMMIES | NO | NO | YES | NO | NO | YES |
Endogeneity Testa | – | – | p-val = 0.02 | – | – | p-val = 0.10 |
F-statisticsb | – | – | 59.971 | – | – | 71.132 |
Observations | 1950 | 1950 | 1950 | 1800 | 1800 | 1800 |
R-squared | 0.115 | 0.191 | 0.431 | 0.117 | 0.168 | 0.247 |