Table 4

<invenergy (growth rate of investment in Energy)a FE model results

Response variableGrowth rate of investment in energy
Control of corruption−0.10 (0.10)
Government effectiveness0.08 (0.16)
Politicalstability0.09 (0.08)
Regulatory quality−0.15 (0.19)
Rule of law−0.06 (0.22)
Voice and accountability0.02 (0.22)
Cons−0.06 (0.16)
Observation77
R-squared0.01
F-stat (p-value)0.56 (0.76)
Number of panels13

Note(s):astandard error in parentheses; FE Fixed Effects

Source(s): Output of STATA 16

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