Table 4.
Instrumental Variable Regression results for Under-five mortality - with interactions
| GDP per capita | −0.449*** | (0.085) | −0.461*** | (0.083) | −0.474*** | (0.090) | −0.427*** | (0.082) | −0.526*** | (0.082) |
| Public Health Expenditure | −0.128*** | (0.037) | −0.126*** | (0.036) | −0.100** | (0.033) | −0.110** | (0.035) | −0.071* | (0.036) |
| Female literacy | −0.009*** | (0.001) | −0.009*** | (0.001) | −0.009*** | (0.001) | −0.009*** | (0.001) | −0.009*** | (0.001) |
| Sanitation | −0.071 | (0.070) | −0.094 | (0.066) | −0.095 | (0.067) | −0.072 | (0.063) | −0.051 | (0.065) |
| Government Effectiveness | −0.063* | (0.034) | ||||||||
| Public Health Expenditure * Government effectiveness | −0.069* | (0.041) | ||||||||
| Regulatory Quality | −0.062 | (0.057) | ||||||||
| Public Health Expenditure * Regulatory Quality | −0.056 | (0.047) | ||||||||
| Control of Corruption | −0.009 | (0.057) | ||||||||
| Public Health Expenditure * Control of Corruption | −0.007 | (0.044) | ||||||||
| Rule of Law | −0.146** | (0.056) | ||||||||
| Public Health Expenditure * Rule of Law | −0.054* | (0.032) | ||||||||
| Voice and Accountability | −0.047* | (0.023) | ||||||||
| Public Health Expenditure * Voice and Accountability | −0.087* | (0.038) | ||||||||
| Sargan (p-value) | 0.371 | 0.379 | 0.242 | 0.348 | 0.244 | |||||
| Adjusted R-squared | 0.68 | 0.68 | 0.67 | 0.70 | 0.68 | |||||
| F | 84.55 | 85.41 | 80.91 | 90.86 | 86.31 | |||||
| Observations | 223 | 223 | 223 | 223 | 223 |
Standard errors in parentheses
* p < 0.05, ** p < 0.01, *** p < 0.001