Table 3 The effect of individualism on... | Emerald Publishing

Table 3

The effect of individualism on potential mechanisms

Potential mechanisms	Log of GDP per capita	Governance	Female political representation
Potential mechanisms	(1)	(2)	(3)
Panel A. Second-stage estimates. Dependent variables are potential mechanisms
IDV	0.073^***	0.044^***	0.348^***
	[0.010]	[0.006]	[0.076]
Panel B. First-stage estimates. Dependent variable is IDV
Bdist_UK	−7.523^***	−7.608^***	−7.524^***
	[2.502]	[2.501]	[2.503]
pathogen	−16.238^***	−16.083^***	−16.342^***
	[3.229]	[3.292]	[3.211]
Geographic controls	✔	✔	✔
First-stage F-statistic	28.15	25.03	28.79
Over-identification [p-value]	0.789	0.517	0.317
Observations	84	79	85
First-stage R-squared	0.661	0.663	0.660

Potential mechanisms	Log of GDP per capita	Governance	Female political representation
Potential mechanisms	(1)	(2)	(3)
Panel A. Second-stage estimates. Dependent variables are potential mechanisms
IDV	0.073^***	0.044^***	0.348^***
	[0.010]	[0.006]	[0.076]
Panel B. First-stage estimates. Dependent variable is IDV
Bdist_UK	−7.523^***	−7.608^***	−7.524^***
	[2.502]	[2.501]	[2.503]
pathogen	−16.238^***	−16.083^***	−16.342^***
	[3.229]	[3.292]	[3.211]
Geographic controls	✔	✔	✔
First-stage F-statistic	28.15	25.03	28.79
Over-identification [p-value]	0.789	0.517	0.317
Observations	84	79	85
First-stage R-squared	0.661	0.663	0.660

Note(s): Robust standard errors in squared brackets. ^***p < 0.01, ^**p < 0.05, ^*p < 0.1