Table 4.

Fully modified ordinary least square (FMOLS) test

Dep. Variables	IMR		MMR		U5MR		LFE
Income Groups	Coef.	SE	Coef.	SE	Coef.	SE	Coef.	SE
GL	−0.003*	0.000	−0.024*	0.004	−0.004*	0.001	0.092*	0.006
LY	−0.005*	0.001	0.059	0.306	−0.080*	0.047	0.930*	0.180
LM	−0.025*	0.003	0.034	0.028	−0.040*	0.004	0.523*	0.085
HM	− 0.005*	0.001	−0.100*	0.017	−0.006*	0.002	0.209*	0.020
HY	−0.002*	0.001	− 0.036*	0.011	−0.000*	0.000	0.014*	0.003

Notes: * Indicates significant at 5% confidence interval