Panel FGLS estimators
| Model -1 | Model -2 | Model -3 | |
|---|---|---|---|
| Variables | SC | ST | TE |
| RQ | 0.622 | 1.66*** | −0.773 |
| (0.477) | (0.524) | (0.507) | |
| RL | 1.58*** | 1.95*** | −0.253 |
| (0.579) | (0.635) | (0.615) | |
| GE | 1.32*** | 2.25*** | 0.768* |
| (0.452) | (0.496) | (0.480) | |
| GDP | −0.175*** | −0.201*** | −0.104*** |
| (0.035) | (0.038) | (0.037) | |
| HDI | 1.11 | 5.20* | 6.00** |
| (2.68) | (2.94) | (2.85) | |
| CPI | −0.055 | −0.081* | −0.029 |
| (0.041) | (0.045) | (0.044) | |
| Constant | 6.29*** | 12.75*** | 0.663 |
| (2.23) | (2.45) | (2.37) | |
| Observations | 100 | 100 | 100 |
| Number of ID | 20 | 20 | 20 |
| Wald χ2(6) | 116.03 | 158.78 | 48.05 |
| Prob > χ2 | 0.000 | 0.000 | 0.000 |
| Panels | homoscedastic | ||
| Correlation | no autocorrelation | ||
| Model -1 | Model -2 | Model -3 | |
|---|---|---|---|
| Variables | |||
| 0.622 | 1.66*** | −0.773 | |
| (0.477) | (0.524) | (0.507) | |
| 1.58*** | 1.95*** | −0.253 | |
| (0.579) | (0.635) | (0.615) | |
| 1.32*** | 2.25*** | 0.768* | |
| (0.452) | (0.496) | (0.480) | |
| −0.175*** | −0.201*** | −0.104*** | |
| (0.035) | (0.038) | (0.037) | |
| 1.11 | 5.20* | 6.00** | |
| (2.68) | (2.94) | (2.85) | |
| −0.055 | −0.081* | −0.029 | |
| (0.041) | (0.045) | (0.044) | |
| Constant | 6.29*** | 12.75*** | 0.663 |
| (2.23) | (2.45) | (2.37) | |
| Observations | 100 | 100 | 100 |
| Number of | 20 | 20 | 20 |
| Wald | 116.03 | 158.78 | 48.05 |
| Prob > | 0.000 | 0.000 | 0.000 |
| Panels | homoscedastic | ||
| Correlation | no autocorrelation | ||
Note(s): The significance levels refer to p < 0.01 (***), p < 0.05 (**) and p < 0.1 (*)
Sharing content requires targeting cookies to be enabled. Please update your cookie preferences to use this feature.