Utilization of Rural Resource Assets: Time-Space Estimate on the Total Factor Productivity

Table 5

Estimation results of SDM.

	No fixed effects		Period fixed		Space fixed		Space-time double fixation
	Coefficient	T-value	Coefficient	T-value	Coefficient	T-value	Coefficient	T-value
	0.325^∗∗∗	7.418	0.332^∗∗∗	7.507	0.576^∗∗	6.992	0.532^∗∗∗	7.139
	0.298^∗∗	2.051	0.151^∗∗	2.364	0.351^∗∗	2.319	0.251^∗∗	2.842
	0.243^∗∗	4.109	0.208^∗∗	4.357	−0.219^∗∗	−4.083	0.119^∗∗	4.039
	0.176	0.851	0.196	0.673	0.153	0.837	0.028	0.984
	0.312^∗∗	2.256	−0.293^∗∗	−2.253	0.293^∗∗	2.241	0.293^∗∗∗	2.241
	0.211	1.039	0.320^∗∗	2.049	0.374^∗	1.938	0.493	0.983
	0.412^∗∗∗	2.983	0.438^∗∗	2.382	0.527^∗∗∗	6.938	−0.402^∗∗	−2.038
	−0.031	0.893	0.532	1.099	0.034^∗∗∗	4.982	0.183^∗∗∗	4.092
	0.209^∗∗∗	3.984	0.201^∗∗∗	3.083	0.184^∗∗∗	3.948	0.302^∗∗	2.093
	−0.109^∗∗∗	5.932	0.037^∗∗∗	−4.983	−0.231^∗∗	2.342	0.409^∗∗∗	3.984
	0.536^∗∗∗	11.083	0.484^∗∗∗	8.975	0.652^∗∗∗	7.938	0.746^∗∗∗	10.338
Cons	0.832^∗∗∗	5.931	0.922^∗∗∗	7.392	0.326^∗∗∗	8.478	0.532^∗∗∗	5.624
	0.573		0.71		0.806		0.883
Wald_spatial_lag	—		92.084^∗∗∗		23.253^∗∗∗		43.265^∗∗∗
LR_spatial_lag	—		—		—		55.643^∗∗∗
Wald_spatial_error	—		90.835^∗∗∗		22.321^∗∗∗		43.537^∗∗∗
LR_spatial_error	—		—		—		54.804^∗∗∗

EX: ^∗ < 10%, ^∗∗ < 5%, ^∗∗∗ < 1%.