Exponentially-rising stage | Continuously-rising stage | Declining stage | |||||||
---|---|---|---|---|---|---|---|---|---|
2002 | 2014 | 2015 | 2002 | 2014 | 2015 | 2002 | 2014 | 2015 | |
Intercept | 77.28*** (17.87) | 174.05*** (25.19) | 248.87*** (38.00) | 65.23*** (12.35) | 355.72*** (40.29) | 487.44*** (44.82) | 97.51*** (20.23) | 314.25*** (25.21) | 439.97*** (31.64) |
SIG.EDGE | − 61.12** (22.32) | − 102.79*** (30.66) | − 128.58* (49.97) | − 38.35** (13.80) | − 200.68*** (53.78) | − 202.75** (64.12) | − 35.94 (25.50) | − 102.18** (38.41) | − 95.03* (46.06) |
TIME* SIG.EDGE (DID estimator) | 39.70^ (20.47) | 96.40** (29.66) | 219.22*** (51.13) | 35.01*** (10.53) | 157.85*** (47.66) | 274.76*** (72.68) | 49.88* (20.52) | 3.92 (41.03) | − 41.04 (48.86) |
N | 42 | 109 | 110 | 56 | 118 | 104 | 71 | 115 | 138 |
ρ | 0.161*** (0.0481) | 0.144*** (0.0279) | 0.093** (0.0318) | 0.090* (0.0431) | 0.127*** (0.0263) | 0.120*** (0.0267) | 0.067^ (0.0340) | 0.104*** (0.0273) | 0.139*** (0.0236) |