Table 4.

Parameters of institutional context and zombification of each country on income inequality

VariablesH4
H4aH4bH4c
Variables (constant)Income inequality (Ineqi)
49.9864*** (<0.001)46,1346*** (<0.001)43.1099*** (<0.001)
Institutional context
EcoInsti−0.1762*** (0.0037)  
PolInsti −0.0973 (0.0599) 
MonInsti  −0.0562 (0.4416)
Business fabric
Zombification of the country zombi−0.290287** (0.0393)−0.35801*** (0.0050)−0.4274*** (0.0040)
R20.1670.1190.098

Note(s):

p-value in parenthesis; *p < 0.1; **p < 0.05; ***p < 0.01

Source(s): Created by authors

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