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Table 5 Impact of local country network exposure

From: Centrality in the macroeconomic multi-network explains the spatiotemporal distribution of country per-capita income

Layer

 

ND

NS

B-EIC

W-EIC

N

adj \(R^2\)

Trade

(1)

0.001

870

0.965

(2)

0.000*

870

0.964

(3)

0.000

0.172**

870

0.964

(4)

− 0.001*

0.245**

870

0.964

Migration

(5)

0.000

870

0.965

(6)

0.001

870

0.965

(7)

− 0.002

0.277*

870

0.965

(8)

0.003

-

0.302*

870

0.964

Finance

(9)

0.002*

870

0.964

(10)

0.002*

870

0.964

(11)

0.001*

0.068**

870

0.965

(12)

0.001*

0.424***

870

0.965

  1. Estimated coefficients from regression exercises. ND, Node degree; NS, Node strength. Baseline specification with OLS estimator and network statistics of different layers separately entering as covariates. Each row in the table in a distinct regression where ND/NS enter either alone or together with EIC variables. B-EIC, Binary EIC; W-EIC, Weighted EIC. Significance: *0.10, **0.05, ***0.01