Table 9.
Results of quantile regression procedure Public health expenditure
| Variable | OLS | Quantiles | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 15th | 25th | 35th | 45th | 55th | 65th | 75th | 85th | 95th | ||
| lnIND | 0.022 (0141) | −0.208* (0.111) | −0.136 (0.128) | 0.319* (0.141) | 0.0476 (0.8262) | 0.053 (0.561) | 0.591*** (0.025) | 0.049** (0.212) | 0.476** (0.189) | 0.427*** (0.072) |
| lnPOP | 0.110*** (0.262) | 0.273*** (0.484) | 0.277*** (0.562) | 0.488*** (0.086) | 0.0919* (0.5937) | 0.113** (0.413) | 0.118*** (0.029) | 0.104 (0.046) | 0.5842 (0.462 | 0.560* (0.294) |
| lnGDP | 1.237*** (0.190) | 1.395*** (0.632) | 1.337*** (0.793) | 1.233*** (0.911) | 1.199*** (0.0538) | 0.113*** (0.037) | 1.219*** (0.038) | 1.261*** (0.039) | 1.264*** (0.037) | 1.229*** (0.033) |
| lnAGRI | −0.201** (0.243) | 0.975* (0.574) | − 0.171** (0.773) | 0.199* (0.113) | 0.2293* (0.9871) | −0.285*** (0.071) | − 0.29*** (0.146) | 0.276*** (0.428) | − 0.27*** (0.042) | − 0.18*** (0.254) |
| lnTEC | 0.3423*** (0.115) | 0.0775* (0.277) | 0.001 (0.177) | 0.004 (0.0213) | 0.0387 (0.115) | 0.0502*** (0.011) | 0.064*** (0.442) | 0.0824*** (0.150) | 0.1.01*** (0.013) | 0.095*** (0.123) |
| R2 | 0.953 | 0.807 | 0.804 | 0.793 | 0.792 | 0.794 | 0.792 | 0.791 | 0.789 | 0.787 |
| Durbin-Watson stat | 2.016959 |
Standard deviations are in parenthesis. ***, **, *represents 1, 5 and10% significance level