Individualism and climate change policy performance
| Estimator | OLS | IV-2SLS | ||
|---|---|---|---|---|
| (1) | (2) | (3) | (4) | |
| Panel A. Second-stage estimates. Dependent variable is CC | ||||
| IDV | 0.017*** | 0.040*** | 0.030*** | 0.033*** |
| [0.006] | [0.012] | [0.008] | [0.007] | |
| Panel B. First-stage estimates. Dependent variable is IDV | ||||
| Bdist_UK | −16.136*** | −8.638*** | ||
| [2.441] | [2.541] | |||
| Pathogen | −23.205*** | −17.720*** | ||
| [2.151] | [2.401] | |||
| First-stage F-statistic | 43.68 | 116.40 | 66.26 | |
| Cragg-Donald Wald F-statistic | 46.77 | 80.23 | 52.87 | |
| Anderson-Rubin Wald test | 19.00 | 13.89 | 12.44 | |
| Over-identification [p-value] | 0.370 | |||
| Observations | 92 | 92 | 92 | 92 |
| First-stage R-squared | 0.346 | 0.467 | 0.539 | |
| Estimator | OLS | IV-2SLS | ||
|---|---|---|---|---|
| (1) | (2) | (3) | (4) | |
| IDV | 0.017*** | 0.040*** | 0.030*** | 0.033*** |
| [0.006] | [0.012] | [0.008] | [0.007] | |
| Bdist_UK | −16.136*** | −8.638*** | ||
| [2.441] | [2.541] | |||
| Pathogen | −23.205*** | −17.720*** | ||
| [2.151] | [2.401] | |||
| First-stage | 43.68 | 116.40 | 66.26 | |
| Cragg-Donald Wald | 46.77 | 80.23 | 52.87 | |
| Anderson-Rubin Wald test | 19.00 | 13.89 | 12.44 | |
| Over-identification [ | 0.370 | |||
| Observations | 92 | 92 | 92 | 92 |
| First-stage | 0.346 | 0.467 | 0.539 | |
Note(s): All regressions include an intercept, which is omitted for brevity. Robust standard errors in squared brackets, ***p < 0.01, **p < 0.05, *p < 0.1
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