Fixed effects model | Random effects model | |||
---|---|---|---|---|
(1) | (2) | (3) | (4) | |
VARIABLES | Ln(domestic public per capita) | Ln(domestic public per capita) | Ln(domestic public per capita) | Ln(domestic public per capita) |
Ln(Prevalence) | 0.073 | 0.077 | 0.247* | 0.252* |
(.230) | (.212) | (.077) | (.076) | |
Ln(GDP_cap) | 1.201* | 1.268* | 1.090* | 1.149* |
(.213) | (.153) | (.106) | (.102) | |
Accountability | 0.123 | |||
(.316) | ||||
Corruption | −0.348 | |||
(.328) | ||||
Government efficiency | −0.075 | |||
(.413) | ||||
Political stability | 0.057 | |||
(.143) | ||||
Regulatory quality | 0.19 | |||
(.305) | ||||
Rule of law | −0.187 | |||
(.336) | ||||
Year | 0.009 | 0.015 | ||
(.024) | (.020) | |||
SSA | 1.289* | 1.342* | ||
(.340) | (.329) | |||
LAC | 1.096* | 1.039* | ||
(.276) | (.269) | |||
Constant | −28.718 | −10.30* | −40.498 | −10.061* |
(47.722) | (1.165) | (38.911) | (.817) | |
Best model1 | FE | FE | RE | RE |
Overall R-squared | 0.308 | 0.311 | 0.528 | 0.527 |
Observations | 647 | 647 | 647 | 647 |
Number of countries | 125 | 125 | 125 | 125 |