Table 5.
Estimated coefficients of the control variables.
| Regions | Variables | Coefficient | Estimated value | p-value |
|---|---|---|---|---|
| East | lngdp | −0.6225*** | 0.0010 | |
| lnincome | 0.9953*** | 0.0000 | ||
| edu | −0.0172 | 0.6610 | ||
| med | −0.0049** | 0.0490 | ||
| inst | −0.0017 | 0.8270 | ||
| Center | lngdp | −0.4481*** | 0.0000 | |
| lnincome | 0.8883*** | 0.0000 | ||
| edu | 0.0022 | 0.9460 | ||
| med | 0.0279** | 0.0290 | ||
| inst | −0.0154** | 0.0440 | ||
| West | lngdp | −0.3233*** | 0.0020 | |
| lnincome | 0.8537*** | 0.0000 | ||
| edu | −0.0421 | 0.1370 | ||
| med | −0.0007 | 0.9460 | ||
| inst | −0.0015 | 0.8990 |
*** and ** indicate significance levels at 1 and 5%.