Table 2.
Regression results for models 4–6
| Variables | Model 4 (GOV = PA) | Model 5 (GOV = ESI) | Model 6 (GOV = EPI) |
| Log(AOHA) | −0.709§ (0.154) | −1.780§ (0.309) | −1.308§ (0.192) |
| Log2(AOHA) | 0.070§ (0.016) | 0.246§ (0.047) | 0.168§ (0.025) |
| Log(POP) | 0.339 (0.410) | 0.276 (0.426) | 0.198 (0.400) |
| Log2(POP) | 0.036† (0.016) | −0.009 (0.015) | 0.026* (0.015) |
| Log(GDPC) | 42.825§ (7.139) | 47.461§ (7.172) | 38.492§ (7.062) |
| Log2(GDPC) | −5.680§ (0.941) | −6.314§ (0.944) | −5.115§ (0.931) |
| Log3(GDPC) | 0.249§ (0.041) | 0.278§ (0.041) | 0.225§ (0.041) |
| Log(EX) | 0.082* (0.042) | 0.069 (0.043) | 0.083† (0.040) |
| Log2(EX) | −0.005 (0.006) | −0.004 (0.006) | −0.006 (0.006) |
| Log(PEDS) | −0.123† (0.060) | −0.050 (0.060) | −0.100* (0.058) |
| Log2(PEDS) | 0.006 (0.015) | −0.002 (0.015) | 0.006 (0.014) |
| Log(AVA) | −0.020 (0.046) | −0.009 (0.047) | −0.029 (0.044) |
| Log(PEDS) × log(AVA) | 0.052‡ (0.017) | 0.034† (0.017) | 0.044‡ (0.016) |
| GOV × AOHA | −0.00003§ (0.000005) | −0.00009§ (0.00002) | 0.00006§ (0.000008) |
| Constant | −110.699§ (17.961) | −111.576§ (18.824) | −93.523§ (18.159) |
| Adjusted R2 | 0.997 | 0.997 | 0.997 |
| Log-likelihood | 390.926 | 384.92 | 397.418 |
| Pr > F | 0.000 | 0.000 | 0.000 |
| Hausmann | 86.55§ | 75.11§ | 97.26§ |
| LM | 159.76§ | 165.85§ | 54.32§ |
| AIC | −3.106 | −3.050 | −3.167 |
| Preferred model | Two-way FE | Two-way FE | Two-way FE |
Dependent variable: log(AL); *10% s.l.; †5% s.l.; ‡1% s.l.; §0.1% s.l. s.l., significance level.