Table 9.
Variable | Coefficient | t-statistic | P > t | 95% Conf. Interval |
Logarithm of combined enrolment ratio | 1.448 | 3.05* | 0.004 | 0.485 to 2.411 |
Logarithm of per capita income | 0.601 | 3.33* | 0.002 | 0.234 to 0.969 |
Regulatory quality | 0.144 | 0.35 | 0.732 | -0.705 to 0.993 |
Rule of law | -0.616 | -0.92 | 0.363 | -1.972 to 0.740 |
Corruption | 0.992 | 1.71 | 0.095 | -.183 to 2.167 |
Constant | -6.656 | -3.74 | 0.001 | -10.271 to -3.041 |
Number of observations | 41 | |||
F(5, 35) = | 13.43 | |||
Prob > F | 0.0000 | |||
Adjusted R-squared | 0.6084 |
*Statistically significant at 95% level of confidence.