Table 3.

Sensitivity analyses of the KRLS results.

Sensitivity analysis: excluding	OECD	Europe	Asia	Africa	South America	Central & North America
Indicator	(I)	(II)	(III)	(IV)	(V)	(VI)
Share of population: ages 65 and above	0.003 (0.008)	0.005 (0.009)	0.008 (0.044)	0.003 (0.004)	0.005 (0.006)	0.008 (0.015)
Share of population: ages 0–14	−0.002 (0.005)	−0.003 (0.005)	−0.002 (0.003)	−0.002 (0.005)	−0.001 (0.004)	−0.005 (0.011)
Log population density	−0.034 (0.054)	−0.044 (0.051)	−0.004 (0.005)	−0.019 (0.036)	−0.027 (0.059)	−0.006 (0.014)
Health equipment	−0.017 (0.020)	−0.023 (0.021)	−0.002 (0.018)	−0.001 (0.015)	−0.007 (0.023)	−0.002 (0.005)
Physicians	−0.015 (0.035)	−0.013 (0.038)	−0.001 (0.002)	−0.012 (0.028)	−0.023 (0.036)	−0.005 (0.008)
Average temperatures	−0.004 (0.006)	−0.004 (0.008)	−0.001 (0.004)	−0.001 (0.004)	−0.001 (0.007)	−0.001 (0.001)
Testing and tracking policies	−0.072 (0.053)	−0.078 (0.057)	−0.006 (0.005)	−0.049 (0.037)	−0.090 (0.060)	−0.021 (0.014)
Economic complexity	0.024 (0.077)	0.030 (0.064)	0.009 (0.039)	0.011 (0.038)	0.039 (0.056)	0.002 (0.012)
Post-tax Gini	0.457 (1.001)	0.539 (1.160)	0.033 (0.057)	0.287 (0.585)	0.171 (0.910)	0.019 (0.208)
Labor market regulations	−0.040 (0.058)	−0.041 (0.057)	−0.005 (0.004)	−0.016 (0.039)	−0.044 (0.068)	−0.009 (0.015)
Log globalization	−0.473 (0.341)	−0.467 (0.340)	−0.003 (0.016)	−0.224 (0.178)	−0.316 (0.252)	−0.080 (0.057)
Democracy/autocracy spectrum	0.002 (0.011)	0.004 (0.011)	0.002 (0.009)	0.004 (0.005)	0.005 (0.011)	0.001 (0.002)
Internal- and external conflicts	0.153*** (0.041)	0.177*** (0.045)	0.006** (0.002)	0.057** (0.026)	0.194*** (0.048)	0.031*** (0.010)
R-squared	0.1841	0.1846	0.2719	0.1447	0.2296	0.0487
Observations	86	86	85	91	110	108

The dependent variable is the case fatality rate (CFR). The robust standard errors are in ().

^*** p < 0.01 and

^**p < 0.05.