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. Author manuscript; available in PMC: 2014 Sep 23.
Published in final edited form as: Am Econ Rev. 2012 Jun;102(4):1508–1539. doi: 10.1257/aer.102.4.1508

Table 4.

Main Specification for the Virtual Country Analysis

(1) (2) (3) (4) (5) (6) (7)

VARIABLES Log Number of Languages
Variation in Elevation 0.124*** (0.044) 0.114*** (0.033) 0.082*** (0.030) 0.118** (0.057) 0.093** (0.043) 0.091** (0.035)
Variation in Land Quality 0.144** (0.058) 0.088** (0.043) 0.116*** (0.033) 0.103** (0.048) 0.173*** (0.055) 0.134** (0.052)
Mean Elevation −0.024 (0.033) 0.028 (0.053) 0.032 (0.072) 0.008 (0.154) −0.019 (0.147) −0.034 (0.107)
Mean Land Quality 0.043 (0.060) 0.042 (0.055) 0.065 (0.074) 0.262*** (0.075) −0.026 (0.112) −0.006 (0.098)
Absolute Latitude −0.557*** (0.054) −0.515*** (0.066) −0.390*** (0.134) −0.317 (0.270) −0.216 (0.131) −0.353 (0.272) −0.402 (0.335)
Mean Precipitation 0.354*** (0.061) 0.191** (0.087) 0.222*** (0.081) 0.076 (0.114) 0.111 (0.124)
Mean Temperature −0.118 (0.131) −0.140 (0.202) −0.054 (0.173) −0.129 (0.219) −0.209 (0.247)
Ln(Area) 0.059 (0.055) 0.038 (0.038) 0.197*** (0.067) −0.012 (0.042) 0.046 (0.055)
Sea Distance 0.026 (0.039) 0.021 (0.042) 0.198*** (0.071) 0.008 (0.043) −0.000 (0.036)
Water Area 0.037 (0.027) 0.005 (0.024) 0.026 (0.027) 0.013 (0.037) −0.017 (0.036)
Within Country −0.041 (0.034) −0.041 (0.035) −0.036 (0.057) −0.087 (0.066)
Number of Countries 0.197*** (0.033) 0.191*** (0.038) 0.121** (0.058) 0.288*** (0.063)
Migratory Distance from East Africa −0.284*** (0.050) −0.087 (0.215) 1.000 (0.710) −0.268 (0.272) −0.234 (0.288)
Ln(Population Density in 1995) 0.023 (0.053) 0.169 (0.111) 0.006 (0.067) 0.039 (0.079)
Country FE N N N Y Y Y Y
Observations 1663 1663 1663 1663 536 1127 994
R2 0.31 0.36 0.53 0.70 0.73 0.56 0.66

Standardized beta coefficients are reported, with standard errors in parentheses clustered at the country level.

***

p < 0.01,

**

p < 0.05,

*

p < 0.1

(5) focuses on virtual countries in the tropics, (6) on virtual countries out of the tropics and (7) on virtual countries belonging entirely within an existing real country.

See web Appendix for variables’ sources and definitions.