Characteristics of the models analyzed via panel data analysis
| Analysis ID | Type | Period of analysis | Variables included in the analysis |
|---|---|---|---|
| 1 | Fixed effects (FE) | From 1990 to 2014 | pil, pac and pac2 |
| 2 | Random effects (RE) | From 1990 to 2014 | pil, pac and pac2 |
| 3 | Fixed effects (FE) | From 1995 to 2014 | pil, pac, pac2, PR, IF, POP, and GDP_growth |
| 4 | Random effects (RE) | From 1995 to 2014 | pil, pac, pac2, PR, IF, POP, and GDP_growth |
| Analysis ID | Type | Period of analysis | Variables included in the analysis |
|---|---|---|---|
| 1 | Fixed effects (FE) | From 1990 to 2014 | |
| 2 | Random effects (RE) | From 1990 to 2014 | |
| 3 | Fixed effects (FE) | From 1995 to 2014 | |
| 4 | Random effects (RE) | From 1995 to 2014 |
Source: Prepared by the authors
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