Table 4.
Robustness check for the effect of educational assessment on Innovation and GDPpc.
| Innovation |
GDP per capita |
|||||||
|---|---|---|---|---|---|---|---|---|
| (1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | |
| PISA reading | 0.074*** | 0.005*** | ||||||
| (3.89) | (4.59) | |||||||
| PISA Math | 0.080*** | 0.007*** | ||||||
| (4.61) | (5.70) | |||||||
| PISA Science | 0.070*** | 0.005*** | ||||||
| (3.87) | (4.22) | |||||||
| PISA_average | 0.078*** | 0.006*** | ||||||
| (4.27) | (5.18) | |||||||
| GDP per Capita | 5.877*** | 5.642*** | 0.485*** | 5.743*** | ||||
| (5.80) | (5.86) | (6.34) | (5.81) | |||||
| N | 143 | 143 | 143 | 143 | 143 | 143 | 143 | 143 |
| R-sq | 0.51 | 0.53 | 0.51 | 0.512 | 0.456 | 0.424 | 0.403 | 0.441 |
| group | 78 | 78 | 78 | 78 | 78 | 78 | 78 | 78 |
Note: t statistics are in parentheses, standardized beta coefficients are reported after using robust standard error.
*, **, *** - significance of coefficients at 10%, 5%, and 1% levels, respectively.