Table 3

Estimations with alternatives measures of women education

Variables(1)(2)
eq1eq2
Female government spending on primary educationFemale government spending on secondary education
C3−0.438***−0.125***
(0.0120)(0.00751)
Electricity0.0575**0.0748***
(0.0225)(0.0154)
Urbanization−0.0311−0.0282***
(0.0110)(0.0103)
FDI−0.0366−0.251
(0.104)(0.406)
Inflation0.0226−0.0662
(0.173)(0.0556)
Corruption−4.144***−0.0748***
(1.149)(0.854)
Constant48.86***54.34***
(8.228)(6.116)
Observations958958
R-squared0.4450.404
Number of countries7474
Fisher26.42***21.28***

Note(s): Standard errors in parentheses ***p < 0.01, **p < 0.05, *p < 0.1. C3: The total assets held by the three largest banks in countries. FDI: foreign direct Investments

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