Skip to main content
. 2021 Sep 7;23(3):337–356. doi: 10.1007/s10198-021-01352-7

Table 2A.

Maximum likelihood estimates of country fixed effects in the extended sample selection model

Variables (i) Unconstrained (ii) Constrained
HIi HIni PV for HIi PV for HIni HIi HIni PV for HIi PV for HIni
France  − 0.052  − 0.029 0.255*** 0.336***  − 0.050  − 0.018 0.279*** 0.279***
(0.041) (0.042) (0.048) (0.077) (0.042) (0.043) (0.052) (0.052)
Belgium  − 0.187***  − 0.211*** 0.306*** 0.506***  − 0.186***  − 0.195*** 0.406*** 0.406***
(0.049) (0.038) (0.063) (0.068) (0.049) (0.037) (0.058) (0.058)
The Netherlands 0.112*  − 0.077  − 0.097*  − 0.109 0.117**  − 0.069  − 0.121*  − 0.121*
(0.058) (0.053) (0.052) (0.092) (0.059) (0.049) (0.065) (0.065)
Germany  − 0.198***  − 0.107*** 0.276*** 0.241***  − 0.193***  − 0.099*** 0.267*** 0.267***
(0.048) (0.035) (0.050) (0.084) (0.049) (0.034) (0.057) (0.057)
Italy 0.072* 0.119*** 0.233*** 0.275*** 0.074* 0.129*** 0.245*** 0.245***
(0.040) (0.045) (0.044) (0.089) (0.040) (0.046) (0.054) (0.054)
Luxembourg  − 0.136*** 0.044** 0.362*** 0.398***  − 0.131*** 0.055*** 0.368*** 0.368***
(0.049) (0.018) (0.030) (0.061) (0.051) (0.018) (0.045) (0.045)
Denmark 0.045  − 0.332***  − 0.054  − 0.020 0.051  − 0.314***  − 0.056  − 0.056
(0.053) (0.048) (0.078) (0.083) (0.055) (0.042) (0.060) (0.060)
Ireland  − 0.067  − 0.074* 0.057 0.232***  − 0.067  − 0.063 0.136** 0.136**
(0.046) (0.044) (0.059) (0.068) (0.047) (0.043) (0.060) (0.060)
United Kingdom  − 0.169***  − 0.256*** 0.050 0.036  − 0.164***  − 0.249*** 0.055 0.055
(0.054) (0.051) (0.039) (0.072) (0.056) (0.052) (0.046) (0.046)
Greece  − 0.208***  − 0.330***  − 0.255***  − 0.343***  − 0.204***  − 0.325***  − 0.280***  − 0.280***
(0.038) (0.074) (0.079) (0.076) (0.037) (0.076) (0.058) (0.058)
Spain  − 0.234***  − 0.411*** 0.145** 0.178**  − 0.231***  − 0.399*** 0.177*** 0.177***
(0.046) (0.067) (0.069) (0.078) (0.045) (0.066) (0.064) (0.064)
Portugal  − 0.203***  − 0.023 0.063 0.027  − 0.199***  − 0.013 0.059 0.059
(0.053) (0.036) (0.046) (0.078) (0.054) (0.033) (0.060) (0.060)
Finland  − 0.148***  − 0.053  − 0.260***  − 0.690***  − 0.135***  − 0.054  − 0.443***  − 0.443***
(0.047) (0.037) (0.036) (0.092) (0.050) (0.036) (0.059) (0.059)
Sweden  − 0.089  − 0.281***  − 0.342***  − 0.417***  − 0.083  − 0.276***  − 0.381***  − 0.381***
(0.060) (0.062) (0.080) (0.090) (0.062) (0.061) (0.078) (0.078)
Austria  − 0.141*** 0.041 0.338*** 0.309***  − 0.136*** 0.048 0.329*** 0.329***
(0.045) (0.040) (0.057) (0.085) (0.045) (0.040) (0.062) (0.062)
Cyprus (Republic)  − 0.273***  − 0.265***  − 0.017 0.257***  − 0.274***  − 0.251*** 0.153*** 0.153***
(0.021) (0.015) (0.039) (0.071) (0.021) (0.016) (0.049) (0.049)
Czech Republic  − 0.197***  − 0.102* 0.209*** 0.064  − 0.190***  − 0.096* 0.139** 0.139**
(0.072) (0.055) (0.054) (0.076) (0.073) (0.057) (0.056) (0.056)
Estonia  − 0.322***  − 0.267***  − 0.229***  − 0.423***  − 0.314***  − 0.264***  − 0.313***  − 0.313***
(0.032) (0.017) (0.032) (0.060) (0.033) (0.018) (0.044) (0.044)
Hungary 0.052 0.195*** 0.034 0.170** 0.053 0.205*** 0.088 0.088
(0.043) (0.039) (0.052) (0.071) (0.042) (0.039) (0.055) (0.055)
Latvia  − 0.361***  − 0.285*** 0.085**  − 0.171***  − 0.353***  − 0.282***  − 0.023  − 0.023
(0.024) (0.021) (0.035) (0.063) (0.025) (0.020) (0.045) (0.045)
Lithuania  − 0.329***  − 0.106***  − 0.025  − 0.129**  − 0.324***  − 0.098***  − 0.070  − 0.070
(0.021) (0.027) (0.030) (0.059) (0.022) (0.024) (0.043) (0.043)
Malta  − 0.216***  − 0.002 0.275*** 0.130**  − 0.208*** 0.005 0.201*** 0.201***
(0.030) (0.019) (0.030) (0.061) (0.031) (0.018) (0.044) (0.044)
Poland  − 0.218***  − 0.181*** 0.292*** 0.195**  − 0.214***  − 0.174*** 0.247*** 0.247***
(0.050) (0.037) (0.036) (0.083) (0.050) (0.038) (0.054) (0.054)
Slovakia 0.022 0.122** 0.086 0.089 0.026 0.131*** 0.077 0.077
(0.056) (0.049) (0.067) (0.069) (0.056) (0.050) (0.064) (0.064)
Slovenia  − 0.261***  − 0.031  − 0.411***  − 0.206***  − 0.261***  − 0.022  − 0.275***  − 0.275***
(0.043) (0.045) (0.074) (0.062) (0.042) (0.045) (0.051) (0.051)
Bulgaria  − 0.108**  − 0.067 0.115**  − 0.015  − 0.105**  − 0.061 0.053 0.053
(0.047) (0.054) (0.058) (0.071) (0.047) (0.052) (0.051) (0.051)
Romania  − 0.104*** 0.044  − 0.009  − 0.008  − 0.101*** 0.055  − 0.017  − 0.017
(0.039) (0.043) (0.047) (0.080) (0.038) (0.042) (0.056) (0.056)

Note: The table reports the estimated coefficients for the country-specific dummy variables in the extended sample selection model specified in Eqs. (1)-(4). See notes below Table 2