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Table 6 – Regressions for evolution of GDP per capita – Panel data<br />
Germany<br />
Italy<br />
(2004-2014) (2004-2013)<br />
Dependent variable: lnYi<br />
Const. 5.229*** 3.554***<br />
(0.211) (0.244)<br />
Ln trade share -0.002** -0.000<br />
(0.001) (0.000)<br />
Ln population -0.516*** -0.059+<br />
(0.026) (0.031)<br />
East/South<br />
x ln trade share<br />
0.003*** 0.000<br />
(0.001) (0.000)<br />
Time dummies Yes*** Yes***<br />
Means of timevarying<br />
variables No Yes***<br />
No. obs. 17104 19636<br />
Wald test 143.22 1.38<br />
Note: Estimation by fixed effects; Heteroskedasticity-robust standard errors in brackets.<br />
+ Significant at 10%.<br />
* Significant at 5%.<br />
** Significant at 1%.<br />
*** Significant at 1‰.
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