Marginal effects
| Variable | logit | logit2 | logit3 | logit4 |
|---|---|---|---|---|
| CHINN | −0.03 (−1.77)* | −0.03 (−1.86)* | −0.04 (−2.05)** | −0.04 (−1.99)** |
| GDP | −0.01 (−2.24)** | −0.01 (−2.26)** | −0.01 (−1.94)* | −0.01 (−2.04)** |
| CA | −0.003 (−1.40) | −0.01 (−2.35)** | −0.04 (−1.67)* | −0.01 (−2.60)*** |
| REG | 0.06 (1.28) | 0.06 (1.24) | ||
| RDEP | −0.003 (−1.56) | −0.03 (−1.63) | ||
| RINT | −0.004 (−1.92)* | −0.04 (−1.52) |
| Variable | logit | logit2 | logit3 | logit4 |
|---|---|---|---|---|
| CHINN | −0.03 (−1.77) | −0.03 (−1.86) | −0.04 (−2.05) | −0.04 (−1.99) |
| GDP | −0.01 (−2.24) | −0.01 (−2.26) | −0.01 (−1.94) | −0.01 (−2.04) |
| CA | −0.003 (−1.40) | −0.01 (−2.35) | −0.04 (−1.67) | −0.01 (−2.60)*** |
| REG | 0.06 (1.28) | 0.06 (1.24) | ||
| RDEP | −0.003 (−1.56) | −0.03 (−1.63) | ||
| RINT | −0.004 (−1.92) | −0.04 (−1.52) |
Notes: (**) and (*) indicate significance at 5% and 10% levels respectively