| ∆ Log LP | ∆ Log TFP | ||||
---|---|---|---|---|---|---|
 | (1) | (2) | (3) | (4) | (5) | (6) |
 | POLS | FE | IV | POLS | FE | IV |
∆ Log ProductivityL | 0.152 (0.023)*** | 0.202 (0.028)*** | – | 0.149 (0.026)*** | 0.211 (0.030)*** | – |
Log Relative Productivity | −0.016 (0.008)** | −0.016 (0.008)** | −0.019 (0.010)* | −0.021 (0.012)* | −0.032 (0.014)** | −0.019 (0.012)* |
EPL | 0.008 (0.003)*** | 0.010 (0.007)* | 0.008 (0.002)*** | 0.012 (0.003)*** | 0.010 (0.006)* | 0.010 (0.002)*** |
EPL*FJR | −0.146 (0.051)*** | −0.156 (0.051)*** | −0.095 (0.028)*** | −0.156 (0.053)*** | −0.165 (0.053)*** | −0.109 (0.028)*** |
TE | −0.053 (0.017)*** | −0.074 (0.022)** | −0.099 (0.043)*** | −0.056 (0.015)*** | −0.048 (0.021)** | −0.113 (0.038)*** |
TE*SSII2 | −0.048 (0.016)*** | −0.056 (0.016)*** | −0.021 (0.011)** | −0.037 (0.016)** | −0.040 (0.016)** | −0.014 (0.009)* |
TUD | −0.001 (0.001)_ | −0.002 (0.001)* | −0.005 (0.003)* | −0.001 (0.001)_ | −0.002 (0.001)*_ | −0.002 (0.003)_ |
PMR | −0.001 (0.000)** | −0.001 (0.001)_ | −0.006 (0.003)** | −0.001 (0.001)_ | −0.001 (0.001)_ | −0.001 (0.002)_ |
CONSTANT | 0.022 (0.005)*** | – | – | 0.015 (0.005)*** | – | – |
COUNTRY DUMMIES | NO | YES | YES | NO | YES | YES |
YEAR DUMMIES | NO | YES | YES | NO | YES | YES |
SECTOR DUMMIES | NO | NO | YES | NO | NO | YES |
Observations | 1950 | 1950 | 1950 | 1800 | 1800 | 1800 |
R-squared | 0.102 | 0.189 | 0.432 | 0.126 | 0.186 | 0.249 |