Table 3.
Testing the Model
| Log (GMR) | (1) Pooled OLS | (2) Fixed Effect | (3) Random Effect |
|---|---|---|---|
| Log (GDP per capita) | 0.332*** | − 0.191*** | − 0.161*** |
| (0.0670) | (0.0506) | (0.0495) | |
| Years of schooling (mean) | −0.0648*** | −0.0426*** | − 0.0407*** |
| (0.0221) | (0.0128) | (0.0120) | |
| Urbanization (%) | −0.0276*** | −0.00915** | − 0.0116*** |
| (0.00268) | (0.00435) | (0.00346) | |
| PM2.5 (concentration) | 0.0121*** | 0.00346** | 0.00395*** |
| (0.00156) | (0.00149) | (0.00140) | |
| Constant | 2.349*** | 6.266*** | 6.067*** |
| (0.512) | (0.428) | (0.417) | |
| Observations | 224 | 224 | 224 |
| AIC | 255.47 | − 784.44 | − 558.58 |
| Number of Countriesa | 28 | 28 |
Note: *** p < 0.01, ** p < 0.05, * p < 0.1
aGDP value not available for North Korea