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Resource Share Regressions
| 1 | 2 | 3 | 4 | 5 | 6 | |
|---|---|---|---|---|---|---|
| ln(y) | −0.368 (0.059) | −0.607 (0.094) | −0.484 (0.082) | −0.875 (0.163) | −0.433 (0.063) | −0.781 (0.161) |
| Control for natural resources | No | Yes | No | Yes | No | Yes |
| R2 | 0.422 | 0.674 | ||||
| Instruments | None | None | Set A | Set A | Set B | Set B |
| Instrument f-statistic | 39.3 | 8.36 | 105.3 | 13.24 | ||
| p-value of OID test | 0.149 | 0.264 | 0.579 | 0.936 | ||
| Implied value of s | 1.58 (0.15) | 2.54 (0.61) | 1.94 (0.31) | 8.00 (10.4) | 1.76 (0.20) | 4.57 (3.37) |
| Observations | 52 | 51 | 49 | 48 | 50 | 49 |
