. 2015 May 6;10(5):e0123920. doi: 10.1371/journal.pone.0123920

Table 2. The Effects of GDP Per Capita on Consumption-Based CIWB, 1990–2008: Elasticity Coefficients from Two-Way Fixed Effects Prais-Winston Regression Models.

						Non-OECD
			Combined	Non-OECD	Non-OECD	Latin
	All	OECD	Non-OECD	Africa	Asia	America
GDP per capita	.045^**	.137^***	-.012	-.078^**	-.026	.013
	(.0169)	(.0194)	(.0172)	(.0276)	(.0202)	(.0201)
GDP per capita X 1991	.001^***	.005^***	.001^**	.002^***	.002^***	.006^***
	(.0001)	(.0009)	(.0004)	(.0006)	(.0002)	(.0013)
GDP per capita X 1992	-.001	.004^**	.003^***	.006^***	.006^***	.007^***
	(.0019)	(.0013)	(.0006)	(.0012)	(.0002)	(.0021)
GDP per capita X 1993	.002^***	.002	.023^***	.008^***	.053^***	.011^***
	(.0002)	(.0016)	(.0007)	(.0010)	(.0003)	(.0023)
GDP per capita X 1994	.002^***	.003^*	.027^***	.012^***	.062^***	.014^***
	(.0002)	(.0015)	(.0008)	(.0014)	(.0004)	(.0024)
GDP per capita X 1995	.002^***	.002	.027^***	.014^***	.060^***	.017^***
	(.0002)	(.0018)	(.0008)	(.0012)	(.0004)	(.0022)
GDP per capita X 1996	.003^***	.009^***	.026^***	.019^***	.057^***	.019^***
	(.0003)	(.0016)	(.0007)	(.0013)	(.0004)	(.0021)
GDP per capita X 1997	.003^***	.004^*	.031^***	.024^***	.064^***	.024^***
	(.0003)	(.0018)	(.0008)	(.0014)	(.0004)	(.0023)
GDP per capita X 1998	.003^***	.016^***	.025^***	.030^***	.046^***	.031^***
	(.0002)	(.0017)	(.0007)	(.0015)	(.0006)	(.0024)
GDP per capita X 1999	.003^***	.004^*	.029^***	.037^***	.053^***	.031^***
	(.0003)	(.0015)	(.0007)	(.0016)	(.0007)	(.0021)
GDP per capita X 2000	.005^***	.002	.035^***	.048^***	.062^***	.027^***
	(.0003)	(.0020)	(.0007)	(.0017)	(.0006)	(.0020)
GDP per capita X 2001	.004^***	.005^***	.034^***	.053^***	.056^***	.035^***
	(.0003)	(.0014)	(.0006)	(.0017)	(.0009)	(.0019)
GDP per capita X 2002	.005^***	.003^*	.033^***	.054^***	.053^***	.030^***
	(.0003)	(.0014)	(.0007)	(.0019)	(.0009)	(.0018)
GDP per capita X 2003	.009^***	.008^***	.039^***	.071^***	.056^***	.032^***
	(.0003)	(.0015)	(.0008)	(.0020)	(.0010)	(.0019)
GDP per capita X 2004	.012^***	.016^***	.043^***	.077^***	.058^***	.033^***
	(.0004)	(.0017)	(.0008)	(.0019)	(.0009)	(.0018)
GDP per capita X 2005	.015^***	.016^***	.050^***	.082^***	.069^***	.034^***
	(.0004)	(.0019)	(.0008)	(.0019)	(.0010)	(.0020)
GDP per capita X 2006	.017^***	.010^***	.055^***	.087^***	.071^***	.038^***
	(.0004)	(.0020)	(.0009)	(.0019)	(.0010)	(.0023)
GDP per capita X 2007	.019^***	.007^***	.060^***	.092^***	.075^***	.042^***
	(.0005)	(.0022)	(.0009)	(.0019)	(.0011)	(.0026)
GDP per capita X 2008	.021^***	.007^**	.064^***	.099^***	.076^***	.044^***
	(.0006)	(.0023)	(.0010)	(.0021)	(.0014)	(.0028)
R-square	.998	.999	.997	.998	.997	.999
Number of Nations	69	25	44	16	15	13
Number of Observations	1311	475	836	304	285	247

Notes

***p<.001

**p<.01

*p<.05 (2-tailed tests); panel corrected standard errors in parentheses