;(1);(2);(3);(4);(5)
L.capex_ln;"0.365*** (0.0371)";"0.362*** (0.0462)";"0.340*** (0.0615)";"0.246*** (0.0378)";"0.262*** (0.0477)"
L.NI-dev;"0.137*** (0.0181)";"0.0771*** (0.0208)";"0.0638*** (0.0190)";"0.0968*** (0.0152)";"0.0901*** (0.0188)"
L.rev_ln;"0.206*** (0.0622)";"0.297*** (0.0656)";"0.602*** (0.150)";"0.347*** (0.0604)";"0.340*** (0.0417)"
"L.IE_ ln";"–0.0583 (0.0373)";"–0.199*** (0.0438)";"–0.273*** (0.0366)";;
L.CD_ln;;"–0.107*** (0.0241)";"–0.150*** (0.0228)";;
L.II_ln;;;"–0.00480 (0.0266)";"–0.0188* (0.0126)";"0.127* (0.090)"
L.IE+Div;;;;"–0.253*** (0.0268)";"–0.236*** (0.0294)"
L.II_K_big;;;;;"–0.148* (0.091)"
;;;;;
"Arellano-Bond test AR(2) p-value";0.008;0.023;0.066;0.032;0.016
"Hansen test p-value";0.400;0.190;0.381;0.408;0.381