| 1–20% Invention | 2–40% Invention | 3–60% Invention | 4–80% Invention |
---|---|---|---|---|
Trade 1 | 5.946*** | 5.902*** | 4.760*** | 5.606 |
(1.032) | (1.752) | (2.737) | (7.144) | |
PGDP | 220.8 | 70.03 | 665.6 | 1287* |
(157.3) | (276.0) | (419.3) | (735.9) | |
Profit | 0.762*** | 1.093*** | 1.189*** | 1.728*** |
(0.105) | (0.150) | (0.162) | (0.355) | |
FDI | −159.3 | −219.6 | −124.8 | −5.062 |
(144.6) | (189.9) | (194.2) | (153.3) | |
Govern | 227.4 | 279.9 | −718.0 | −197.0 |
(843.1) | (561.1) | (851.4) | (2266) | |
C | −3543*** | −2655*** | −3210*** | −4155* |
(847.1) | (906.8) | (1126) | (2586) | |
Time Control Variable | Control | Control | Control | Control |
Individual Fixed | Yes | Yes | Yes | Yes |