Table 3 Explaining ICity index Eq. (1)... | Emerald Publishing

Table 3

Explaining ICity index

	Eq. (1)		Eq. (2)		Eq. (3)		Eq. (4)
	Coef	Std. Err	Coef	Std. Err	Coef	Std. Err	Coef	Std. Err
Autonomy	−12.1732	21.5512	−7.4769	19.0724	−10.2375	23.5376	−2.2670	20.6390
Current_balance	−36.4392†	20.5316			−70.5423**	20.7116
Indebtedness			−18.1439***	3.3830			−23.0509***	3.5074
Strength	−7.0458	43.2925	−5.3578	38.4173	25.7083	46.8078	17.4458	41.2875
GDP	101.1664***	23.8189	90.5457***	19.8599
Education					0.4233	0.5387	0.9478*	0.4632
Ideology	1.6113	5.1316	2.7176	4.5097	−0.0026	5.5949	1.3532	4.8815
Population	28.6286***	3.3121	30.0704***	2.9317	34.3289***	3.2957	34.9377***	2.8977
Elderly	0.5452	1.4208	0.8470	1.2196	1.6224	1.5241	2.1325	1.2738
_cons	−11.2499***	2.3064	−10.7305***	1.7825	−2.1250*	0.8168	−3.2331***	0.6003
Adj. R²	0.6422		0.7202		0.5741		0.2864
Het. Test	Prob > χ² = 0.4021		Prob > χ² = 0.3670		Prob > χ² = 0.4283		Prob > χ² = 0.2154
Max. VIF value	1.64		1.46		1.36		1.24

	Eq. (1)		Eq. (2)		Eq. (3)		Eq. (4)
	Coef	Std. Err	Coef	Std. Err	Coef	Std. Err	Coef	Std. Err
Autonomy	−12.1732	21.5512	−7.4769	19.0724	−10.2375	23.5376	−2.2670	20.6390
Current_balance	−36.4392†	20.5316			−70.5423**	20.7116
Indebtedness			−18.1439***	3.3830			−23.0509***	3.5074
Strength	−7.0458	43.2925	−5.3578	38.4173	25.7083	46.8078	17.4458	41.2875
GDP	101.1664***	23.8189	90.5457***	19.8599
Education					0.4233	0.5387	0.9478*	0.4632
Ideology	1.6113	5.1316	2.7176	4.5097	−0.0026	5.5949	1.3532	4.8815
Population	28.6286***	3.3121	30.0704***	2.9317	34.3289***	3.2957	34.9377***	2.8977
Elderly	0.5452	1.4208	0.8470	1.2196	1.6224	1.5241	2.1325	1.2738
_cons	−11.2499***	2.3064	−10.7305***	1.7825	−2.1250*	0.8168	−3.2331***	0.6003
Adj. R²	0.6422		0.7202		0.5741		0.2864
Het. Test	Prob > χ² = 0.4021		Prob > χ² = 0.3670		Prob > χ² = 0.4283		Prob > χ² = 0.2154
Max. VIF value	1.64		1.46		1.36		1.24

Note(s): (1) †, *, **, and *** represents statistical relevance at 90, 95, 99, and 99.9% of confidence level

(2) The dependent variable is ICity in all equations

Source(s): Authors’ own work