Table 6.
Instrumental Variable Regression results for Life expectancy- with interactions
| GDP per capita | 2.825* | (1.695) | 2.478 | (1.649) | 3.048* | (1.801) | 1.931 | (1.632) | 3.120* | (1.654) |
| Public Health Expenditure | 0.968 | (0.744) | 0.645 | (0.718) | 0.718* | (0.457) | 1.187* | (0.696) | 1.593** | (0.721) |
| Adult literacy | 0.128*** | (0.020) | 0.108*** | (0.020) | 0.116*** | (0.021) | 0.131*** | (0.020) | 0.113*** | (0.020) |
| Sanitation | 0.020 | (1.396) | 1.398 | (1.301) | 1.605 | (1.343) | 1.161 | (1.265) | 1.617 | (1.308) |
| Government Effectiveness | 4.906*** | (1.247) | ||||||||
| Public Health Expenditure * Government effectiveness | −1.427 | (0.901) | ||||||||
| Regulatory Quality | 4.749*** | (1.139) | ||||||||
| Public Health Expenditure * Regulatory Quality | 1.504 | (0.941) | ||||||||
| Control of Corruption | 3.219*** | (1.142) | ||||||||
| Public Health Expenditure * Control of Corruption | 1.946** | (0.882) | ||||||||
| Rule of Law | 5.827*** | (1.106) | ||||||||
| Public Health Expenditure * Rule of Law | 2.009** | (0.914) | ||||||||
| Voice and Accountability | 2.214** | (0.943) | ||||||||
| Public Health Expenditure * Voice and Accountability | 3.080*** | (0.769) | ||||||||
| Sargan (p-value) | 0.441 | 0.179 | 0.122 | 0.215 | 0.198 | |||||
| Adjusted R-squared | 0.33 | 0.34 | 0.30 | 0.37 | 0.33 | |||||
| F | 24.50 | 25.23 | 22.02 | 27.49 | 24.16 | |||||
| Observations | 223 | 223 | 223 | 223 | 223 |
Standard errors in parentheses
* p < 0.05, ** p < 0.01, *** p < 0.001