With human capital | Without human capital | |||||||
---|---|---|---|---|---|---|---|---|
Indirect effect | Direct effect | Total effect | β | Indirect effect | Direct effect | Total effect | β | |
GDP(t−1) | 0.0099 | − 0.0144 | − 0.0046 | − 0.0035 | − 0.0157 | 0.0227 | 0.0070 | 0.0054 |
Capital | 0.0422 | − 0.0619 | − 0.0196 | − 0.0151 | 0.0420 | − 0.0609 | − 0.0188 | − 0.0145 |
Human capital | − 0.1468 | 0.2150 | 0.0682 | 0.0526 | 0.0266 | − 0.0386 | − 0.0119 | − 0.0092 |
(N + 0.05) | 0.0299 | − 0.0438 | − 0.0139 | − 0.0107 | – | – | – | – |
GDP(t−1) *W | 0.0148 | − 0.0217 | − 0.0069 | − 0.0053 | 0.0011 | − 0.0016 | − 0.0005 | − 0.0004 |
Capital* W | − 0.0095 | 0.0139 | 0.0044 | 0.0034 | − 0.0062 | 0.0090 | 0.0028 | 0.0021 |
Human capital* W | − 0.0085 | 0.0124 | 0.0039 | 0.0030 | – | – | – | – |
(N + 0.05)* W | 0.0138 | − 0.0203 | − 0.0064 | − 0.0050 | 0.0261 | − 0.0378 | − 0.0117 | − 0.0090 |