Baseline results
| Variable | logit | probit | LPM |
|---|---|---|---|
| INF | 0.04 (2.94)*** | 0.03 (3.06)*** | 0.01 (4.35)*** |
| CHINN | −0.31 (−1.87)* | −0.17 (−1.96)** | −0.02 (−1.62) |
| GDP | −0.10 (−2.03)** | −0.06 (−2.01)** | −0.01 (−2.14)** |
| CA | −0.03 (−1.36) | −0.01 (−1.11) | −0.003 (−1.29) |
| C | −2.36 (−6.61)*** | −1.36 (−6.98)*** | 0.09 (2.34)** |
| pseudo R-squared | 0.13 | 0.13 | |
| R-squared | 0.13 | ||
| chi-square | 28.45*** | 28.79*** | |
| F-statistic | 9.42*** |
| Variable | logit | probit | LPM |
|---|---|---|---|
| INF | 0.04 (2.94) | 0.03 (3.06) | 0.01 (4.35) |
| CHINN | −0.31 (−1.87) | −0.17 (−1.96) | −0.02 (−1.62) |
| GDP | −0.10 (−2.03) | −0.06 (−2.01) | −0.01 (−2.14) |
| CA | −0.03 (−1.36) | −0.01 (−1.11) | −0.003 (−1.29) |
| C | −2.36 (−6.61) | −1.36 (−6.98) | 0.09 (2.34) |
| pseudo R-squared | 0.13 | 0.13 | |
| R-squared | 0.13 | ||
| chi-square | 28.45 | 28.79 | |
| F-statistic | 9.42 |
Note: (***), (**) and (*) indicate significance at 1%, 5% and 10% levels respectively