Table 4 Main effects (public debt and...

Table 4

Main effects (public debt and macroeconomic performance)

Estimated	Estimators	Coefficient	t-stat	Prob	R²	ΔR²	F-stat
GDP	PD	−0.342	−1.90*	0.065	0.094	0.068	3.625
INF	PD	−0.336	−1.67*	0.102	0.072	0.047	2.805
UNE	PD	0.323	2.59**	0.014	0.193	0.165	6.733
TB	PD	−3.224	−1.69*	0.098	0.074	0.048	2.868

Estimated	Estimators	Coefficient	t-stat	Prob	R²	ΔR²	F-stat
GDP	PD	−0.342	−1.90*	0.065	0.094	0.068	3.625
INF	PD	−0.336	−1.67*	0.102	0.072	0.047	2.805
UNE	PD	0.323	2.59**	0.014	0.193	0.165	6.733
TB	PD	−3.224	−1.69*	0.098	0.074	0.048	2.868

Note(s): ***p < 0.01, **p < 0.05 and *p < 0.10

Source(s): Authors’ computation, 2024

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