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00 0-NVؚb/gNN~t^t 0T 0-NV,{ NNN~t^t 02001-2010t^Tg 7h,gS+TdυY30*NwN2000-2009t^vpenc0(W0Oe z2 e^(uPooled Databg!jW (W0Oe z3 e9hncpencyr_THausmanhnx[O(u*NSOV[He^FE b/f:gHe^RE !jWۏL0O0 h9 c6RRYr` NDnyKT:SMOagN[wW~NmSU\q_T0O 1 2 3 4 SϑOLSOLSEGLSGMM EGLSC1.008** (10.11)0.980** (10.55)0.993** (7.09)1.057** (8.34)K0.705** (46.49)0.692** (48.66)0.661** (44.95)0.666** (45.52)L0.047* (2.35)0.095** (4.79)0.123** (4.13)0.112** (4.17)GDP19800.359** (16.11)0.324** (15.17)0.313** (9.942)0.311** (10.39)resab-0.142** (-6.81)-0.065** (-2.81)-0.064** (-2.88)Mine-0.056 (-1.32)-0.058 (-1.44)Coast0.122** (4.71)0.133** (5.15)Adjusted R20.9670.9710.9830.984F-statistic2890.822513.042968.03J-statistic(130.42)N300300300270lbS-NpefW **h:y(W99%nO4ls^ N>fW0 N T0 1uNS,gpenc b:N2000-2009t^vяASt^vpenc :NfRQnxvKm{DnyKT:SMOagN[:SW~NmvSU\vq_T bN\1980t^TwvGDP\O:NRYrQReQ!jW Nc6R:SW~NmSU\SSagN fRTtvKm{DnyKT:SMOagN(W:SW~NmoSǏ zv\O(u0:N2bkReQ1980t^GDPSϑTS&^egvSϑTVSϑvvsQ'`[0O|pevq_T ,ge Te)R(uPooled OLS!jW0O1 02 0GLS0O!jW0O3 TGMM0O!jW0O4 I{ N T0OelegۏL!jW0O SsN,OLS0OTb go}Y'`(vGMM0O|peSS\ f,ge!jW0Ob g}Yv3z['` !jW0O~g/fS`v0 1uh9v[xvz~ghf яASt^eg Tw~NmvSU\Ǐ z-N D,gbeQv[NRRR(W~NmSU\-Nw@wf'Yv\O(u0RYv~NmSU\4ls^[Twv~NmSU\vq_T_N^8^>fW ُf~NmSU\X[(W@wSSOV0 N{/fUSrQnDnagN؏/f~TQTyV }`Q N -NVwW~NmSU\nx[X[(W DnŋT vsa nagNSϑvq_T|pe:Npe v^NǏ99%>fW'`4ls^h0T Ne[~GWfW'`h f NwNDn҉^ w -NVl g>fWv DnŋT vsa0 lwm:SMOagN[wW~NmvSU\q_T_N^8^>fW0 vk RYv~NmSU\4ls^[~NmSU\vq_Tg'Y vQ!k:N:SMOagN nDnvq_T\O(ug\0S (Wc6RRY~Nm4ls^v`Q N :SMOagN&^egvOR/f-NVwW~NmSU\]ݍib'Yv;NSV n DnŋT vsa}6q>fWX[(W FO/fq_T\O(u\0 h10 DnyKT:SMOagN[wW~NmSU\vq_T:g6R[ 5 6 7 8 Sϑ(GMM0O)FEREGLSGLSC-2.851** (-4.17)0.476 (1.68)1.055** (8.06)0.833** (4.55)K0.449** (30.51)0.624** (35.33)0.648** (34.01)0.641** (31.45)L0.968** (11.45)0.304** (4.97)0.148** (5.03)0.264** (8.35)GDP19800.219** (3.58)0.263** (8.45)0.152** (4.46)GDP1980*EDUR0.141 (0.370)GDP1980*FDI0.005** (3.18)GDP1980*EXPORT0.021** (7.88)GDP1980*XZSFR-0.226** (-2.42)RESAB*HC0.011 (1.25)0.013** (4.59)RESAB*EDUR3.30 (1.90)-3.71** (-3.47)RESAB*EXPORT0.098* (2.15)0.056** (2.94)RESAB*FDI0.064* (-2.41)0.026** (-3.08)RESAB*XZSFR-1.997** (-2.78)-1.627** (-4.65)COAST*HC0.003 (1.96)0.008** (4.702)COAST*EDUR9.003* (2.24)3.908 (1.01)COAST*EXPORT0.074* (2.58)0.072* (2.56)COAST*FDI-0.034* (-2.05)-0.038* (-2.40)COAST*XZSFR-0.411 (-0.889)-0.312 (-0.61)Adjusted R20.9960.9510.9730.978J-statistic48.27102.48187.49167.26N270270270270N[:SW~NmRYagN0DnyKT:SMOagN[:SWSU\vq_T:g6Rv[Rgh10 Ss  = 1 \* GB3 `$ (WQRY~NmSU\4ls^ N TwvYebeQ[~NmSU\vq_T N>fW [E)R(uFDIpeϑTQS8f[~NmSU\vq_T>fW NQS8fXvq_TkFDIvq_T'Y ُEQRf-NV:SW~Nm/fYTWR]8f~Nm O`'Yϑv[Y8fbR~NmX ُNY(W-NV~NmXv͑RRُNN[v&{0 Te[xvzSs ^:W~%sX_N[:SW~NmvSU\ g>fWvq_T L?eNN'`6e9kOSϑ|pe:N NǏN99%>fW4ls^h ُf lS?e^L 9eUONv^:W~%sX /f0We~NmSU\v͑cRRϑ0  = 2 \* GB3 a$ (Wc6RRY~NmSU\4ls^vagN N nDn0N[0W:SǏ9eU^:W~%sX08T_YD0cRQS8fegcR,g0W~NmvSU\0nDn0N[0W:S}6q gؚvYe~9vbeQ FO/fYebeQTNRD,g[,g0W~NmvSU\tSl g>fWv\O(u Neb/fnDn0N[0W:SvYebeQTNRD,gvW{Q1uNRRRv'YϑTYy Am1Y SNeb/f,g0W:ON[ؚzNMbvBlT)R(uR0  = 3 \* GB3 b$ T7h(Wc6RRY~NmSU\4ls^vagN N USrQ:SMOagNvq_T:g6R [xvzSslwm0W:S[YQSN>fWcR~NmvSU\ Telwm0W:SvYebeQ g>fWckvq_T FO/fFDIv)R(uvq_TtS>fW:N ^:W~%sXSϑvq_T_N N>fW0ُfN萿lwm0W:S~ǏYt^eg_vSU\ b4N@w[YbFU_DvEHe^vQ R:_NRD,gvy/} cRNNGS~0  = 4 \* GB3 c$ (W TeQnDnyKT:SMOagNv`Q N nDn0N[0W:SNRD,g4ls^S_>fW YebeQv|pe>fW:N FDINQS8fv\O(u>fW:Nck ^:W~%sXSϑv|pe>fW:N ُN~gfDn0N[0W:SR_SU\ sQ.(WR__>e^:W 9h,g9eU^:W~%sX _eQY萄vNNۏ{egS%cTSOR0[Nlwm:SMOvwN _ۏYDT^:W~%sXv9eivEHe^]~\ NRD,gvv[q_T_YzQ ُflwm0W:S]~0RNcR O~kORlSveg0 h11 DnyKT:SMOagN[:SWNN~gvq_T 9 10 11 SϑTERTIARYRINDUSTRYRHITECHRC0.454** (24.49)0.120 (1.57)0.091** (5.49)GDP1980-0.009* (-2.51)0.037* (2.46)0.121** (31.48)resab-0.025** (-3.40)0.013 (0.78)-0.098** (-10.23)Coast0.019 (1.75)0.028 (1.25)0.066** (7.33)Adjusted R20.2660.2520.870F-statistic35.7117.70668.74N300300300NDnyKT:SMOagN[:SWNN~gvq_T[xvzeg wh12 nDnSϑ[0W:S gRNk͑Tؚb/gNNk͑vq_T:N>fWvpe []NNNk͑vq_T:Nck FOl gǏ>fW'`h ُfDn0N[0W:SvNN~gN]QN:N;N 6R~@w0WeNN~gvؚ~S0 lwm:SMO[ؚb/gNNk͑vq_T^8^>fW [,{ NNNvq_T_N:Nck 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