Table 5. The results of estimating the model with OLS random effects .
Variables | Coef | Z | P |
Lpvt | 0.02 | 1.85 | 0.06 |
Lpub | -0.02 | -1.98 | 0.05 |
Lgdppp | -0.30 | -6.84 | 0.00 |
Lpopu1 | 0.13 | 1.87 | 0.06 |
Lpopu2 | -1.58 | -9.06 | 0.00 |
Lurb | 0.26 | 1.69 | 0.09 |
Lflab | 0.18 | 3.55 | 0.00 |
Lfer | 0.80 | 1.19 | 0.00 |
Ledu | 0.04 | 0.81 | 0.42 |
Cons | 9.17 | 7.91 | 0.00 |
R2=0.90, Breusch-Pagan χ2= 1618, Hausman P = 0.13 |