Table A.2.
The estimation results of system GMM for IQ and sub-indices by income-group analysis: LE is depended variable. (Eq (2))
|
Variables |
(1) | (2) | (3) | (4) | (5) | (6) | (7) | |
|---|---|---|---|---|---|---|---|---|
| Constant | HI | 3.8539 | 4.1612 | 3.9352 | 3.9792 | 3.8671 | 3.9182 | 3.9640 |
| LI | 1.8632 | 1.5790 | 2.2081 | 2.1516 | 1.6280 | 2.1572 | 1.9667 | |
| LEit-1 | HI | .9330** | .9378** | .9346** | .9367** | .9320** | .9316** | .9312** |
| LI | .9442** | .9437** | .9438** | .9446** | .9463** | .9451** | .9439** | |
| IQ | HI | .1150** | ⁎ | ⁎ | ⁎ | ⁎ | ⁎ | ⁎ |
| LI | −.0514 | ⁎ | ⁎ | ⁎ | ⁎ | ⁎ | ⁎ | |
| CC | HI | ⁎ | −.0412** | ⁎ | ⁎ | ⁎ | ⁎ | ⁎ |
| LI | ⁎ | −.1309** | ⁎ | ⁎ | ⁎ | ⁎ | ⁎ | |
| VA | HI | ⁎ | ⁎ | .0440** | ⁎ | ⁎ | ⁎ | ⁎ |
| LI | ⁎ | ⁎ | .0570** | ⁎ | ⁎ | ⁎ | ⁎ | |
| PS | HI | ⁎ | ⁎ | ⁎ | .0436** | ⁎ | ⁎ | ⁎ |
| LI | ⁎ | ⁎ | ⁎ | .0133** | ⁎ | ⁎ | ⁎ | |
| RL | HI | ⁎ | ⁎ | ⁎ | ⁎ | .1251** | ⁎ | ⁎ |
| LI | ⁎ | ⁎ | ⁎ | ⁎ | −.1169 | ⁎ | ⁎ | |
| RQ | HI | ⁎ | ⁎ | ⁎ | ⁎ | ⁎ | .1519** | ⁎ |
| LI | ⁎ | ⁎ | ⁎ | ⁎ | ⁎ | −.0416 | ⁎ | |
| GE | HI | ⁎ | ⁎ | ⁎ | ⁎ | ⁎ | ⁎ | .1298** |
| LI | ⁎ | ⁎ | ⁎ | ⁎ | ⁎ | ⁎ | −.0733 | |
| HE | HI | .0378** | .0545** | .04341** | .0478** | .0356** | .0343** | .0368** |
| LI | .0487** | .0480** | .0482** | .0132** | .0475** | .0480** | .0472** | |
| LGDP | HI | .0913** | .0477** | .0759** | .0658** | .0949** | .0957** | .0934** |
| LI | .1919** | .2037** | .1806** | .0488** | .1975** | .1751** | .1836** | |
| MYS | HI | −.0381 | −.0410 | −.0375 | −.0409 | −.0373 | −.0338 | −.0342 |
| LI | .2312** | .2358** | .2225** | .2240** | .2225** | .2291** | .2247** | |
| UR | HI | −.0035** | −.0041** | −.0033** | −.0038** | −.0038** | −.0039** | −.0036** |
| LI | −.0096** | −.0099** | −.0086** | −.0091** | −.0099** | −.0095** | −.0088** | |
| LCO2 | HI | −.0585** | −.0138** | −.0427** | −.0324** | −.0596** | −.0673** | −.0649** |
| LI | −.42,981** | −.4344** | −.4258** | −.4235** | −.4311** | −.4220** | −.4187** |
*, **, and *** Denote significance level at 1%, 5% and 10%, respectively.