Table 1.
Results from fixed-effects and Arellano−Bond estimates of Eq. (4)
| Dependent var. is Ln(PfRc) | Fixed-effects model | Arellano−Bond | Fixed-effects model | Arellano−Bond |
|---|---|---|---|---|
| Lag. Ln(PfRc) | 0.817*** (0.046) | 0.580*** (0.038) | 0.814*** (0.050) | 0.561*** (0.041) |
| Squared Lag. Ln(PfRc) | 0.035** (0.016) | 0.065*** (0.014) | 0.036** (0.018) | 0.068*** (0.015) |
| Malaria aid per capita | −0.002* (0.002) | −0.011*** (0.002) | −0.003* (0.002) | −0.010*** (0.002) |
| GDP per capita | −9.84e-06*** (0.000) | −2.74e-05*** (0.000) | −1.02e-05*** (0.000) | −2.83e-05*** (0.000) |
| Domestic general government health expenditure per capita | . | . | 1.66e-05 (0.000) | −6.66e-04*** (0.000) |
| Intercept | 0.122*** (0.025) | 0.335*** (0.022) | 0.127*** (0.030) | 0.404*** (0.027) |
| Observations | 645 | 602 | 575 | 534 |
| Countries | 42 | 42 | 40 | 40 |
| Years | 2000−2016 | 2001−2016 | 2000−2016 | 2001−2016 |
*, ** and *** denote statistical significance at the 10, 5 and 1% level, respectively