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  "documentTitle": "The Metaverse in Asia Strategies for Accelerating Economic Impact",
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  "notes": "The table compares three GMM specifications (Baseline, Lag 2, Lag 3) to validate the instrument selection for the economic impact model.",
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      "text": "We conclude from these robustness checks that GDP per capita should be instrumented with both its second and third lags, while the technology variables should be instrumented with the second lags only.",
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      "text": "In this section, we draw on our economic analysis of mobile technology as a model for the potential economic impact of the metaverse, measured in terms of GDP.",
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      "text": "V. Analysis of the Potential Economic Impact of the Metaverse",
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      "text": "Figure 14. Robustness: Alternative Lags as Instruments",
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