Invenergy (investment in Energy)a FE model results
| Response variable | (1) | (2) |
|---|---|---|
| Investment in energy | Investment in energy | |
| Control of corruption | −0.07 (0.06) | – |
| Government effectiveness | −0.03 (0.04) | – |
| Political stability | −0.01 (0.02) | – |
| Regulatory quality | −0.06 (0.05) | −0.04 (0.04) |
| Rule of law | 0.06 (0.06) | 0.01 (0.05) |
| Voice and accountability | 0.14*** (0.06) | 0.11*** (0.05) |
| Cons | 0.89** (0.04) | 0.93** (0.03) |
| Observation | 78 | 78 |
| R-squared | 0.11 | 0.14 |
| F-stat (p-value) | 1.51 (0.19) | 2.56* (0.06) |
| Number of panels | 13 | 13 |
| Response variable | (1) | (2) |
|---|---|---|
| Investment in energy | Investment in energy | |
| Control of corruption | −0.07 (0.06) | – |
| Government effectiveness | −0.03 (0.04) | – |
| Political stability | −0.01 (0.02) | – |
| Regulatory quality | −0.06 (0.05) | −0.04 (0.04) |
| Rule of law | 0.06 (0.06) | 0.01 (0.05) |
| Voice and accountability | 0.14*** (0.06) | 0.11*** (0.05) |
| Cons | 0.89** (0.04) | 0.93** (0.03) |
| Observation | 78 | 78 |
| 0.11 | 0.14 | |
| 1.51 (0.19) | 2.56* (0.06) | |
| Number of panels | 13 | 13 |
Note(s): astandard error in parentheses; *p<10%; **p<5%; ***p<1%; FE Fixed Effects
Source(s): Output of STATA 16
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