Table 3.
(1) | (2) | (3) | (4) | (5) | (6) | (7) | 8 (FD) | 9 (FD) | |
GDP per person | 0.659*** (0.092) |
0.609*** (0.081) |
0.657*** (0.079) |
0.659*** (0.084) |
0.638*** (0.089) |
0.659*** (0.068) |
0.638*** (0.062) |
0.624*** (0.071) |
0.634*** (0.079) |
Development assistance for health | −0.003 (0.020) |
0.000 (0.019) |
0.014 (0.020) |
0.011 (0.022) |
0.005 (0.030) |
0.011 (0.012) |
0.005 (0.011) |
−0.004 (0.007) |
−0.010 (0.008) |
Government spending per GDP | 0.528*** (0.103) |
0.492*** (0.110) |
0.513*** (0.107) |
0.530*** (0.111) |
0.478*** (0.132) |
0.530*** (0.063) |
0.478*** (0.072) |
0.141*** (0.029) |
0.157*** (0.035) |
Dependent population | −0.427 (0.681) |
−0.425 (0.664) |
−0.784 (0.747) |
−0.772 (0.758) |
−0.765 (0.876) |
−0.772* (0.378) |
−0.765* (0.382) |
−0.510 (0.612) |
−0.811 (0.658) |
Corruption perception index | 0.225** (0.096) |
0.226** (0.095) |
0.241** (0.113) |
0.342** (0.150) |
0.241** (0.089) |
0.342*** (0.085) |
−0.005 (0.039) |
0.017 (0.043) |
|
Tax revenue per GDP | 0.207* (0.115) |
0.207*** (0.068) |
0.009 (0.027) |
||||||
Year | −0.006 (0.005) |
−0.004 (0.004) |
−0.006 (0.005) |
−0.001*** (0.000) |
−0.001*** (0.000) |
||||
Constant | −1.069* (0.636) |
−1.494** (0.637) |
9.777 (8.789) |
5.255 (7.455) |
8.364 (9.260) |
−0.013 (0.015) |
−0.019 (0.018) |
||
R2 within | 44.29 | 45.55 | 46.13 | 47.29 | 51.42 | 15.60 | 17.50 | ||
F-statistic | 28.77 | 28.40 | 28.99 | 23.15 | 42.14 | 22 914.14 | 6733.37 | 15.43 | 20.24 |
Year FEs | Yes | Yes | Yes | Yes | Yes | Yes | |||
Regular dummies | Yes | Yes | |||||||
CD | No | No | No | Yes | Yes | No | No | No | No |
n (groups) | 46 | 46 | 46 | 46 | 36 | 46 | 36 | 46 | 36 |
n (observation) | 954 | 954 | 954 | 954 | 749 | 954 | 749 | 903 | 710 |
*** p<0.001, **p<0.05, *p<0.1
CD, Cross dependence; FD, First difference; FE, Fixed effects; GDP, gross domestic product.