Regression results for factors impacting pro-poor growth
| (1) | (2) | (3) | |
|---|---|---|---|
| Independent variables | Random effects | Fixed effects | System GMM |
| pgdp | 0.0245* (0.0121) | 0.0200 (0.0158) | 0.0132* (0.0074) |
| ind | 1.8686 (1.7635) | 2.4100 (6.1803) | 6.5632 (5.4078) |
| urb | 2.6155** (0.9420) | 7.3590 (9.9521) | 1.9331* (1.7243) |
| ru | −0.1826* (0.1013) | −1.0500 (2.9326) | −0.5411* (0.2742) |
| w | −1.3013*** (0.3426) | −1.3568** (0.5814) | −1.6152** (0.6230) |
| p | −1.9345 (9.3325) | 7.246 (2.5519) | −1.7825* (0.7208) |
| lnhp | −0.7801* (0.4207) | −3.0514 (3.0113) | −3.9123** (1.2614) |
| pub | −2.0678*** (0.6031) | −4.9272*** (0.9136) | −2.1655* (1.1213) |
| lnmw | 2.1610* (1.2150) | 2.5194* (1.1459) | 1.7021* (0.8801) |
| L.y | 0.0689*** (0.017) | ||
| Constant | 3.4338 (19.6388) | 2.9385 (4.1872) | 7.86 (5.34) |
| n | 144 | 144 | 112 |
| Wald value | 82.72 | 270.74 | |
| p-value of Wald value | 0.00 | 0.00 | |
| F-value | 4.98 | ||
| p-value of F-value | 0.003 |
| (1) | (2) | (3) | |
|---|---|---|---|
| Independent variables | Random effects | Fixed effects | System GMM |
| 0.0245* (0.0121) | 0.0200 (0.0158) | 0.0132* (0.0074) | |
| 1.8686 (1.7635) | 2.4100 (6.1803) | 6.5632 (5.4078) | |
| 2.6155** (0.9420) | 7.3590 (9.9521) | 1.9331* (1.7243) | |
| −0.1826* (0.1013) | −1.0500 (2.9326) | −0.5411* (0.2742) | |
| −1.3013*** (0.3426) | −1.3568** (0.5814) | −1.6152** (0.6230) | |
| −1.9345 (9.3325) | 7.246 (2.5519) | −1.7825* (0.7208) | |
| −0.7801* (0.4207) | −3.0514 (3.0113) | −3.9123** (1.2614) | |
| −2.0678*** (0.6031) | −4.9272*** (0.9136) | −2.1655* (1.1213) | |
| 2.1610* (1.2150) | 2.5194* (1.1459) | 1.7021* (0.8801) | |
| 0.0689*** (0.017) | |||
| Constant | 3.4338 (19.6388) | 2.9385 (4.1872) | 7.86 (5.34) |
| 144 | 144 | 112 | |
| Wald value | 82.72 | 270.74 | |
| 0.00 | 0.00 | ||
| 4.98 | |||
| 0.003 |
Notes: Robust standard errors are shown in the parentheses. To be on the safe side, this paper has also presented fixed-effects estimation. *,**,***Refer to passing the significance test of 10, 5 and 1 percent levels, respectively