Does Economic Growth Driving Force Convert? Evidence from China

Table 3

Results of the panel regression model.

	Full Sample	Sample 1	Sample 2	Sample 3
hc	0.110	0.028	−0.110	0.696
	(0.0599)	(0.109)	(0.118)	(0.0363)
gf	−0.719	−0.485	0.051	−1.344
	(0.0299)	(0.0608)	(0.0576)	(0.0196)
inno	0.283	−0.316	0.062	0.758
	(0.0290)	(0.0634)	(0.0502)	(0.0160)
st	1.293	2.825	−0.127	0.211
	(0.0674)	(0.122)	(0.127)	(0.0493)
N	540	198	144	198
R^2	0.258	0.564

Notes: this table presents the standardized coefficients of the panel regression model. Symbols , , and indicate significance at 1%, 5%, and 10% levels, respectively. Standard errors are shown in parentheses.